Modern Engineering And Projects Ltd — Updates, 02-08-2025: Company Update

Modern Engineering and Projects Limited has informed investors about a key change in its board composition. Mr. Pandit Sawant has resigned from his role as an Independent Director, effective August 02, 2025. This means he will also no longer serve as Chairman or Member of crucial committees including the Audit Committee, Nomination & Remuneration Committee, and Stakeholder Relationship Committee. His resignation is due to other professional commitments and unavoidable circumstances, directly impacting the company's governance framework and the oversight functions of these important committees.