Modipon Ltd. — Board/Management Information 2023

May 29, 2023

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Modipon Limited

Hapur Road, Modinagar, Ghaziabad -201 204 (UP) M +91-9582388706

29[th] May 2023

The BSE Limited Corporate Relation Department, New Trading Wing, Rotunda Building, P.J. Tower, Dalal Street, Fort, Mumbai – 400 001

Ref: INE 170C01019 Scrip Code: 503776

Sub: Intimation of Re-appointment of Chairman & Managing Director of the Company

We wish to inform you that the Board of Directors of the Company at its Meeting held today i.e. May 29, 2023, based on the recommendation of the Nomination and Remuneration Committee, have reappointed Mr. Manish Modi (DIN: 00030036) as Chairman & Managing Director of the Company for a further term of 5 (Five) years with effect from June 1, 2023 upto May 31, 2028, subject to the approval of the Members at the forthcoming Annual General Meeting of the Company.

The Disclosures as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular on Continuous Disclosure Requirement for listed entities (SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015), concerning the above re-appointment are enclosed as Annexure-I to this intimation.

You are requested to take the same on record.

Thanking you,

Yours faithfully,

For MODIPON LIMITED

MANISH Digitally signed by MANISH MODI MODI Date: 2023.05.29 19:17:45 +05'30'

MODI Manish Modi (Managing Director)

CIN: L65993UP1965PLC003082 E-mail: modipon@modimangal.in Website: www.modipon.net

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Modipon Limited

Hapur Road, Modinagar, Ghaziabad -201 204 (UP) M +91-9582388706

Annexure-I

Disclosure in terms of Regulation 30 of the SEBI Listing Regulations read with SEBI Circular on - Continuous Disclosure Requirement for listed entities concerning the re appointment of Mr. Manish Modi

S. No.	Particular	Information
1.	Name of Director	Mr. Manish Modi
2.	Category	Chairman & Managing Director
3.	Reason for change	Tenure for appointment of Mr. Manish Modi is expiring on 31stMay, 2023. Accordingly, Mr. Manish Modi is proposed to be re- appointed as Chairman & Managing Director of the Company for a term of Five (5) year w.e.f. June 1, 2023 to May 31, 2028.
4.	Date of Appointment and term of appointment	Date of Re-appointment: June 1, 2023 Re-appointment as Chairman & Managing Director from June 1, 2023 upto May 31, 2028, subject to the approval of the members of the Company His present tenure will conclude on May 31, 2023
5.	Brief Profile	Mr. Manish Modi, Chairman & Managing Director of the Modipon Limited, joined Modipon Fibre unit in the year 2009. He has a Bachelor’s Degree in Computer Science from Bangalore University. He is also MBA in Marketing from Columbia University. Dataquest Magazine (India) named him as one of the years 15 “Magical People” in 1997 and in 1998 he was included amongst Asia’s top 50 young IT Entrepreneurs by the institute for the future. He founded NetAcross in 1996 in New Delhi with a vision to create an innovative,

CIN: L65993UP1965PLC003082 E-mail: modipon@modimangal.in Website: www.modipon.net

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Modipon Limited

Hapur Road, Modinagar, Ghaziabad -201 204 (UP) M +91-9582388706

		learning organization and its growth has featured in several international publications including Red Herring, Forbes, Newsweek and Asiaweek. He founded Exevo Inc., USA and Exevo India Limited in the year 2002. Exevo was a new breed of outstanding company and had grown leaps and bounds since it was founded. He was the CEO of Exevo Inc., USA. He is the member of various professional bodies including YPO, IACC, CII etc. and currently an active early stage investor focusing on rural and Agri tech.
6.	Disclosure of relationships between Directors	Mr. Manish Modi is the spouse of Mrs. Aditee Modi (Director of Modipon Limited). Further, Mr. Manish Modi is not related inter-se with any other member of the Board.
7.	Information as required pursuant to BSE CIRCULAR WITH REF NO. LIST/COMP/14/2018-19	Mr. Manish Modi is not debarred from holding office of Director by virtue of any SEBI Order or any such Authority.

CIN: L65993UP1965PLC003082 E-mail: modipon@modimangal.in Website: www.modipon.net