Modison
147.13
-0.34(-0.23%)
Market Cap₹477.44 Cr
PE Ratio10.31
Company Performance:
1D-0.23%
1M-3.22%
6M-7.99%
1Y+11.38%
5Y+134.84%
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More news about Modison
01Nov 25
Modison Announces Board Changes: New Independent Director Appointed
Modison has undergone significant changes in its board composition. Ashok Shantilal Jatia concluded his second term as a Non-Executive Independent Director on November 1, 2025. Nandkishore Bafna has been appointed as a new Non-Executive Independent Director for a five-year term from November 1, 2025, to October 31, 2030. The appointment was approved by shareholders through remote e-voting on October 25, 2025. This transition adheres to SEBI regulations and reflects Modison's commitment to maintaining robust corporate governance.
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27Oct 25
Modison Limited Shareholders Overwhelmingly Approve New Independent Director Appointment
Modison Limited concluded a postal ballot resulting in the appointment of Mr. Nandkishore Bafna as a Non-Executive Independent Director. The voting process, held from September 26 to October 25, 2025, saw 99.99% of votes in favor of the appointment. Out of 32,450,000 total shares, 17,626,152 votes were polled (54.32% participation). The appointment, supported by both promoter and public shareholders, aligns with regulatory requirements and strengthens Modison's corporate governance structure.
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24Sept 25
Modison Seeks Shareholder Approval for Appointment of 86-Year-Old Independent Director
Modison has initiated a postal ballot to appoint Mr. Nandkishore Bafna as a Non-Executive Independent Director for a five-year term starting November 1, 2025. Mr. Bafna, 86, brings over 45 years of experience in assurance and corporate finance advisory services. The appointment requires a special resolution due to age regulations. E-voting will be conducted from September 26 to October 25, 2025, through NSDL platform. Results are expected by October 27, 2025.
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02Aug 25
Modison Limited Sets 200% Dividend, Announces AGM Date
Modison Limited has proposed a 200% dividend of Rs. 2.00 per equity share, subject to shareholder approval. The company's 42nd Annual General Meeting is scheduled for September 9, 2025, via video conference. The record date for dividend eligibility and voting rights is set for September 2, 2025, with the dividend payment date on September 12, 2025, if approved. Shareholders are reminded of potential tax implications and urged to update their PAN and Aadhaar details.
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Modison
147.13
-0.34
(-0.23%)
1 Year Returns:+11.38%
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