Meeting Details

The 5th Annual General Meeting was held on Wednesday, August 5th, 2026 at 11:00 A.M. (IST) at the registered office of the Company at Shop No.1, Rashmi Heights, M.G. Road, Kandivali (west), Mumbai — 400067.

Attendees and Leadership

  • Mr. Dinesh Modi, Chairman of the Board, presided over the meeting
  • Directors, Statutory Auditors, Secretarial Auditors, and Scrutinizer were present
  • Chairman of Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee were present as per regulatory requirements

Financial Performance Update

Mr. Mahek Modi, Chief Financial Officer, addressed members with the following financial highlights:

  • Financial Year 2025-26 delivered record-breaking performance
  • Revenues and profitability witnessed significant growth
  • Company achieved FY25 profit within the first half of FY26
  • Further surpassed FY25 profit in the nine-month period of FY26
  • Company remains debt-free
  • Strong financial foundation to pursue future growth opportunities

Corporate Developments

  • Merger of private limited wholly owned subsidiary with the Company completed
  • Company listed on BSE and NSE main Board
  • Incorporation of Modis Navnirman Foundation

Resolutions Considered

Two resolutions were put to vote:

1. To consider and adopt the audited standalone and consolidated financial statements of the Company, together with the reports of the Board of Directors and the Auditors thereon and other reports for the financial year ended March 31, 2026

2. To appoint a director in place of Mr. Dinesh Modi (DIN: 02793201) who retires by rotation and being eligible, offers himself for re-appointment

Voting Arrangements

  • Voting facility provided through ballot papers at AGM for shareholders who did not cast vote through remote e-voting
  • Remote e-voting conducted as per Notice dated July 6th, 2026
  • Mr. Jigarkumar Gandhi, Proprietor of M/s. ING & Co., Company Secretaries, appointed as Scrutinizer
  • Scrutinizer responsible for scrutinizing votes cast through remote e-voting and ballot paper voting

Meeting Timeline

  • Meeting commenced: 11:00 A.M.
  • Meeting concluded: 11:35 A.M.
  • Total duration: 35 minutes

Financial Impact Assessment

Financial impact not quantified in the disclosure beyond general statements about record performance and debt-free status.