Modi Rubber Share Price Today

Modi Rubber shareholders approve FY26 financials, reappoint Alok Modi

All four AGM resolutions passed with 99.9999% votes in favour. 88 members voted, casting 20,424,450 votes in support. Alok Modi reappointed as MD for five years starting October 1, 2026. MoA amended to include health, beauty, and wellness services.

Modi Rubber approves comfort letter for Gujarat Guardian expansion project

Modi Rubber Limited's board approved a Letter of Comfort and Inter Se Agreement for its joint venture Gujarat Guardian Limited. The agreements address cost overruns for a new float glass production line financed by internal accruals and bank loans, as required by lenders under SEBI Regulation 30.

Modi Rubber seeks shareholder approval to appoint Ajay Kumar Jain as Independent Director

Modi Rubber Limited is seeking shareholder approval via postal ballot to appoint Ajay Kumar Jain as an Independent Director for five years. E-voting occurs between July 29 and August 27, 2026. The Board cites his legal expertise and independence, noting he holds no shares in the company and serves on other boards including Dudigital Global Limited.

Modi Rubber reports standalone loss for FY26, profit falls

Modi Rubber Limited reported a standalone net loss of ₹1,941.32 lacs for the year ended March 31, 2026, reversing the net profit of ₹235.96 lacs recorded in the previous fiscal year. The decline was driven by a decrease in total income to ₹1,830.68 lacs and a rise in total expenses to ₹3,776.58 lacs. On a consolidated basis, net profit fell sharply to ₹63.97 lacs from ₹2,046.06 lacs in FY25, despite a marginal increase in total income to ₹4,881.23 lacs. Statutory auditors P N A M & Co. LLP issued an unmodified opinion on the results.

Modi Rubber board meets on May 29 to consider FY26 results

Modi Rubber Limited's board will meet on May 29, 2026, to approve audited financial statements for FY26 and review subsidiary reports.

Modi Rubber Limited: Independent Director Tarun Agrawal Resigns with Immediate Effect

Modi Rubber Limited has disclosed the resignation of Mr. Tarun Agrawal as Independent Director, effective May 15, 2026, citing personal reasons and professional commitments. As a result, he also ceases to be a member of all Board Committees of the Company. Mr. Agrawal confirmed there are no other material reasons for his resignation beyond those stated. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.