Modipon Ltd — Updates, 30-05-2025: Company Update
30-05-2025 | 06:50 pm
30-05-2025 | 06:50 pm
Modipon Limited has shared its Annual Secretarial Compliance Report, confirming adherence to applicable corporate governance norms during the year. The company, currently non-operational since 2007, has complied with all relevant regulations, maintained timely disclosures, and continued updating policies and website information. No directors are disqualified, and no penalties or regulatory actions have been imposed. The report notes outstanding redemption of 15% redeemable preference shares from 1996, pending due to earlier court orders. Overall, compliance processes remain robust despite the company’s inactive operational status, providing transparency for shareholders.
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