Modi's Navnirman Limited Concludes Postal Ballot for Subsidiary Merger Scheme
Modi's Navnirman Limited completed a postal ballot voting process on August 15, 2025, seeking shareholder approval for a scheme of arrangement with its wholly owned subsidiary, Shree Modi's Navnirman Private Limited. The voting period lasted from July 17 to August 15, 2025, with results to be declared by August 19, 2025. The special resolution suggests a potential merger or restructuring between the parent company and its subsidiary. Voting rights were based on equity shareholdings as of July 11, 2025. Results will be submitted to stock exchanges, displayed on NSDL's website, and published on the company's official website.
23Jul 25
Modi's Navnirman Aims for Main Board Listing on BSE and NSE
Mumbai-based real estate developer Modi's Navnirman Limited has submitted applications to migrate from the BSE SME Platform to the Main Board of BSE and seek listing on the Main Board of NSE. The company aims to enhance its market visibility and access a broader investor base. Mahek Modi, Whole Time Director and CFO, views this as a significant milestone reflecting the company's performance and governance. Founded in 2010, Modi's Navnirman specializes in redevelopment projects in Mumbai.
10Jun 25
Modi's Navnirman Announces Merger and Plans Main Board Transition
Modi's Navnirman Ltd has revealed plans for corporate restructuring and stock exchange transitions. The company intends to merge with its wholly-owned subsidiary, Modi's Navnirman Infra Private Limited. Additionally, it aims to move from the BSE SME platform to the main boards of both BSE and NSE. These strategic moves are designed to enhance market presence and improve liquidity for shareholders.
02Jun 25
Modis Navnirman Eyes Main Board Listing: Board Meeting Scheduled for June 6
Modis Navnirman, currently listed on the BSE SME Exchange, has announced a board meeting on June 6 to consider migrating to the main boards of BSE and NSE. This potential move could increase visibility, enhance liquidity, improve access to capital, and boost the company's market presence. The final decision will be made during the board meeting, with subsequent steps dependent on the outcome.