Modipon Ltd (MODIPON) — FY26 Annual Report | 7 September 2026 (3 announcements)

Modipon Limited's 59th Annual General Meeting is scheduled for September 29, 2026 via video conference. The company reported a net loss of ₹51.05 lakhs for FY 2025-26, with no dividend recommended. Key agenda items include approval of audited financial statements, appointment of new auditors (Vasu Bansal & Co.), and two material related party transactions with Status Mark Finvest Limited and Ashoka Mercantile Limited for up to ₹1 crore each to meet statutory obligations. The Board recommends these transactions as being in the company's best interest. Shareholding remains concentrated with promoters, including Modi Intercontinental (32.7%) and Ashoka Mercantile (15.74%).

Modipon Limited announced its 59th Annual General Meeting (AGM) scheduled for September 29, 2026, via video conferencing, along with the Annual Report for FY 2025-26. The report highlights a net loss of ₹51.05 lakhs for FY 2025-26, continuation of permanent closure of its fibre unit, and material related party transactions with Status Mark Finvest Limited and Ashoka Mercantile Limited involving up to ₹1 crore in loans. The Board recommends reappointing auditors and approves related party transactions. No dividend is proposed. Key risks include unresolved litigation, pending regulatory matters, and financial uncertainty due to lack of revenue. The AGM will be conducted remotely with e-voting facilities available from September 26-28, 2026.

Modipon Limited announced its 59th Annual General Meeting on September 29, 2026, via video conference, and provided updated instructions for shareholders to submit PAN, KYC, nomination, and bank details to the RTA, along with access to the FY 2025-26 Annual Report on its website.