Latest news about Modison
Modison
284.60
+9.89(+3.60%)
Company Performance:
View Company Insights1D+3.60%
1M+86.97%
6M+99.23%
1Y+87.02%
5Y+348.90%
More news about Modison
07Feb 26
Modison Limited Reports Fire Incident at Gujarat Manufacturing Facility
Modison Limited reported a fire incident at its Gujarat manufacturing facility on February 07, 2026, causing temporary operational disruption. The incident occurred at the company's factory premises in Vapi, Gujarat, with no casualties reported. The company is assessing damage extent and has initiated insurance claims for the adequately insured assets. Modison has committed to restoring operations and keeping exchanges informed of developments.
03Feb 26
Modison Metals Reports Strong Q3 Performance with 246% Net Profit Growth
Modison Metals reported outstanding Q3 financial performance with net profit jumping 246% to 201 million rupees compared to 58 million rupees in the previous year. The company achieved revenue growth to 1.4 billion rupees from 1.2 billion rupees year-on-year, while EBITDA surged to 189 million rupees from 112 million rupees, with EBITDA margin expanding to 13.18% from 9.22%.
02Jan 26
Modison Limited Submits RTA Certificate for Q3FY26 Under SEBI Depositories Regulations
Modison Limited submitted its RTA certificate for Q3FY26 to stock exchanges on January 2, 2026, complying with SEBI Depositories Regulations. Purva Sharegistry (India) Private Limited, the registered RTA, confirmed proper processing of dematerialisation activities during the quarter ended December 31, 2025. The quarter saw dematerialisation of 1,000 shares for one shareholder, with all processes completed within prescribed regulatory timelines.
24Dec 25
Modison Limited Receives Credit Rating Reaffirmation and New Facility Ratings from CARE
CARE Ratings has reaffirmed Modison Limited's existing credit ratings and assigned new ratings to additional banking facilities. The company's long-term facilities with HDFC Bank Limited, rated CARE A- (Stable), were enhanced from ₹90.00 crores to ₹115.00 crores. Short-term facilities of ₹17.50 crores with HDFC Bank maintained a CARE A1 rating. New long-term/short-term facilities of ₹25.00 crores with CitiBank were assigned CARE A- (Stable)/CARE A1 ratings. The total rated facilities now amount to ₹157.50 crores, providing Modison with increased financial flexibility.
02Dec 25
Modison Limited Declares 250% Interim Dividend for FY 2025-26
Modison Limited, a manufacturer of electrical contacts for switchgear industries, has declared an interim dividend of Rs. 2.50 per equity share (250%) for the financial year 2025-26. The Board of Directors approved this decision on December 2, 2025. The record date for determining shareholder eligibility is set for December 8, 2025. This announcement complies with SEBI regulations, ensuring transparency for all stakeholders.
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.
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.
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.
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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