Modern Thread (India) Ltd. — Board/Management Information 2021

Mar 3, 2021

Modern Threads (India) Limited

Registered Office :

A-4, Vijay Path, Tilak Nagar, Jaipur-302 004 Phone :0141-4113645, Fax : 0141-2621382 E-mail : cs@modernwoollens.com modernjaipuroffice@gmail.com Website : www.modernwoollens.com CIN - L17115RJ1980PLC002075

To, Date : December 13, 2020

The Manager, The Manager, BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex,

Mumbai — 400 023 Bandra East, Mumbai-400 051 Scrip Code: 500282 Scrip Code: MODTHREAD

Dear Sir/Madam,

Sub.: Outcome through circular resolution

This is to Inform you that the Board of Directors of the Company through a circular resolution on 13/12/2020 approved the following proposal:-

Re-appointment of Shri Ram Rai Kabra (DIN 07985411) as Independent Director of the Company for the second term of 5 (five) years with effect from 14/12/2020, subject to the approval of the members at the Annual General Meeting of the company.

The above Independent Director is not debarred from holding the office of Director by any authority.

The detailed disclosures pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is enclosed herewith as Annexure-A,

This is for your information and records.

Thanking You,

Yours faithfully, FOR Modern Threads (India) Limited

BLS

(BANWARI LAL SAINI) Company Secretary and Compliance Officer

Corporate Head Office : 68/69, Godavari, Pochkhanwala, Worli, Mumbai-400030 Tel.:022-24973269, Fax : 022-24950962 Woollens Division : Hamirgarh Road, Bhilwara-311001 (Rajasthan) Plants Tel.:01482-241801, Fax : 01482-297924 Yarn Division : Village Raila, District - Bhilwara-311024 (Rajasthan)

Modern Threads (India) Limited

Registered Office : A-4, Vijay Path, Tilak Nagar, Jaipur-302 004 Phone :0141-4113645, Fax : 0141-2621382 E-mail :cs@modernwoollens.com modernjaipuroffice@gmail.com Website : www.modernwoollens.com CIN : L17115RJ1980PLC002075

Annexure -A

• Reason for disclosure : Re-appointment as Independent Director of the Company, as present term expires on 14/12/2020, so he is re-appointed for further term of 5 (five) years.
• Date of Re-appointment :14/12/2020 to 13/12/2025
• Term of Re-appointment : 5 (five years)
• Brief Profile : Shri Ram Rai Kabra is B.Com. from the University of Rajasthan and is having more than 43 years rich experience in various departments. He has a vast experience of working in budget/finance and costing departments. He has also engaged himself in production and planning departments. Corporate Head Office : 68/69, Godavari, Pochkhanwala, Worli, Mumbai-400030
  • Disclosure of relationship between the Directors : Shri Ram Rai Kabra does not have any relation with any member of the Board of Directors or promotors of the Company.
  • 1. Shareholding in the Company : Nil

The Company has received assent from the majority of the Directors of the Company,

FOR Modern Threads (India) Limited

(BANWARI LAL SAINI) Company Secretary and Compliance Officer

Tel.:022-24973269, Fax : 022-24950962 Woollens Division: Hamirgarh Road, Bhilwara-311001 (Rajasthan) Plants a Tel.:01482-241801, Fax : 01482-297924 Yarn Division : Village Raila, District - Bhilwara-311024 (Rajasthan)