Modi Rubber Limited
Incorporated in 1971, Modi Rubber Ltd manufactures automobile tyres, tubes & flaps, resin coated sand and operates salons
What Modi files
- Board Meeting15
- Others13
- Important9
- Updates4
- Results3
Modi Rubber Limited is seeking shareholder approval to amend its Memorandum of Association to include health, beauty, and wellness services. Additionally, they plan to re-appoint Mr. Alok Modi as Managing Director for a five-year term.
Modi Rubber's JV, Gujarat Guardian Limited, is expanding with a second float glass line. Modi Rubber will provide a Letter of Comfort and Undertaking for potential cost overruns, a financing condition that creates a contingent liability for the company.
Modi Rubber: Independent Director Mr. Tarun Agrawal has resigned, citing personal reasons and professional commitments. He will also cease to be a member of all company committees.
Modi Rubber's JV, Gujarat Guardian Limited, approved expanding its Gujarat facility with a second float line and wet coater. The expansion will be fully funded by GGL's internal accruals and borrowings, signaling future growth.