Modern engineering & projects Limited has announced that its Board of Directors will convene on February 12, 2026, to review and approve the company's quarterly financial performance. The meeting notification, issued on February 9, 2026, follows regulatory requirements under SEBI listing obligations.

Board Meeting Details

The scheduled board meeting will focus on several key agenda items, with the primary objective being the consideration and approval of financial results.

Regulatory Compliance and Trading Window Closure

In adherence to SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, specifically Regulation 29, the company has formally notified the stock exchange about the upcoming board meeting. The notification was submitted to BSE Limited, where the company's shares are listed under scrip code 539762 and symbol MEAPL.

As part of insider trading prevention measures, Modern Engineering and Projects Limited has implemented a comprehensive trading window closure policy. The company has informed all designated persons about the restriction on trading in the company's equity shares.

Corporate Governance Framework

The meeting notification demonstrates the company's commitment to maintaining transparent corporate governance practices. Managing Director Fattehsingh Krishnrao Patil, holding DIN 10738344, signed the official communication, ensuring proper authorization and accountability in the disclosure process.

The company's proactive approach to regulatory compliance includes timely notifications to stock exchanges and comprehensive communication with designated persons regarding trading restrictions. This systematic approach helps maintain market integrity and ensures all stakeholders receive equal access to material information.

The upcoming board meeting represents a crucial milestone in the company's quarterly reporting cycle, providing investors and stakeholders with insights into the financial performance for the quarter ended December 31, 2025.

Modern Engineering & Projects Limited (MEPL) has reported a significant turnaround in its financial performance for the quarter ended September 30, 2025, alongside an announcement of a key management change.

Financial Highlights

MEPL posted a quarterly profit of ₹293.75 crore, marking a substantial improvement from the loss of ₹133.61 crore reported in the same quarter of the previous year. The company's revenue for Q2 stood at ₹1,641.81 crore, indicating strong operational performance.

The company's earnings per share (EPS) improved to ₹1.90 for the quarter, up from ₹(1.29) in the corresponding period last year.

Half-Yearly Performance

For the half-year ended September 30, 2025, MEPL reported:

• Total revenue: ₹4,936.59 crore
• Profit before tax: ₹660.94 crore
• Net profit: ₹475.02 crore

These figures represent a significant improvement in the company's financial health compared to the previous year.

Management Change

In a separate development, MEPL announced that Mr. Suraj Dhumale, the Company Secretary and Compliance Officer, has resigned from his position. The resignation will be effective from December 12, 2025. Mr. Dhumale cited personal reasons for his departure, with no other material reasons disclosed.

Joint Ventures and Operations

MEPL is involved in several joint ventures, including:

1. MEPIDL-MCL-JV for road construction
2. Aquatech-MEPL-JV for the Khopoli Underground Sewerage Scheme
3. Aquatech-MEPL Nashik JV for water treatment projects in Nashik

These joint ventures contribute to the company's revenue and profitability, with the financial results incorporating their performance.

Outlook

The strong financial results, particularly the turnaround from loss to profit, suggest that MEPL's strategic initiatives and project executions are yielding positive outcomes. The resignation of the Company Secretary may require attention to ensure a smooth transition in the company's compliance and secretarial functions.