Modulex Construction Technologies Ltd — Others, 14-06-2025: AGM/EGM

Modulex Construction Technologies Limited has announced a board meeting for the 52nd Annual General Meeting (AGM) to be held via video conferencing. Key agenda includes adoption of financial results for the year ended, re-appointment of Managing Director Mr. Ajay Palekar, and approval of appointments of Mr. Hitesh J. Gupta as Secretarial Auditor for five years, and two new Independent Directors, Mr. Parag Mehta and Major General MN Devaya (Retd), each appointed for five years. The Board also proposes changing Mr. Jayesh Sheth’s designation to Executive Director - Finance for three years with an annual remuneration of Rs. 60 lakh. The company continues to focus on modular construction, with reported losses reflecting ongoing investment phase and efforts to improve future profitability.