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Mr. Jagdishnarayn Sharma has completed his five-year tenure as an Independent Director of Modern Threads (India) Limited, effective from the close of business on 28 February 2025. This change reflects a routine transition in governance, as his term was approved at the company's 39th Annual General Meeting. The cessation may lead to fresh strategic perspectives if a new director is appointed. Investors might view this development as a neutral impact, balancing continuity in leadership with the potential for new insights into company operations.