Modipon Limited Seeks Approval for Re-appointment of Chairman & Managing Director

Modipon Limited , a company listed on the BSE, has announced its intention to seek Central Government approval for the re-appointment of Mr. Manish Modi as Chairman & Managing Director. The company disclosed this information in a recent filing with the BSE Limited.

Key Details of the Re-appointment

Public Disclosure

Modipon Limited has taken steps to ensure transparency in this process:

• The company published a newspaper notice regarding its intention to seek Central Government approval.
• The notice was published in two newspapers: Financial Express and Jansatta, both dated August 27, 2025.
• The company promptly informed BSE Limited about this publication on the same date.

Corporate Governance

This move by Modipon Limited demonstrates adherence to corporate governance norms:

1. Regulatory Compliance: By seeking Central Government approval, the company is following the necessary regulatory procedures for appointing a Non-Resident Indian to a key managerial position.
2. Transparency: The public announcement through newspaper notices ensures that shareholders and the public are informed about this significant corporate action.
3. Timely Disclosure: The immediate communication to BSE Limited showcases the company's commitment to keeping the stock exchange and investors updated.

Company Information

Modipon Limited is listed on the BSE with the scrip code 503776. The company's registered office is located at Hapur Road, Modinagar, Ghaziabad - 201 204 (UP).

The notice was signed by Vineet Kumar Thareja, who serves as the Company Secretary & Compliance Officer of Modipon Limited.

Investors and stakeholders are advised to keep an eye on further developments regarding this re-appointment process, as it may have implications for the company's future leadership and strategic direction.