MODISON LIMITED — Others, 14-08-2025: Change in Director(s)

Modison Limited has announced a significant change to its Board of Directors. Mr. Ashok Shantilal Jatia, an Independent Director, will complete his second term on November 1, 2025. To fill this upcoming vacancy, the company has approved the appointment of Mr. Nandkishore Bafna as a new Non-Executive Independent Director, effective the same date. Mr. Bafna is a seasoned Chartered Accountant with over 45 years of experience in assurance and corporate finance advisory. He has also served as Chairman of Audit and Nomination & Remuneration Committees in various companies, bringing valuable governance expertise to Modison's board, subject to shareholder approval for his five-year term.