Modulex Construction Technologies Ltd — Updates, 15-04-2025: Company Update

Modulex Construction Technologies Limited has announced a board meeting outcome regarding the appointment of two Additional Non-Executive Independent Directors: Mr. Parag Mehta and Major General MN Devaya (Retd). Their appointment is for a five-year term, effective from 15th April 2025, subject to shareholder approval.

The inclusion of Mr. Mehta, a Chartered Accountant with extensive experience in mergers and business advisory, alongside Major General Devaya, who brings a strong background in construction engineering and project management, reflects the company’s intent to bolster its governance and strategic oversight.

This move may be perceived positively by investors, as it enhances the board’s expertise and could lead to improved decision-making, potentially increasing investor confidence in the company’s direction.