Modern Threads (India) logo

Modern Threads (India) MD, chairman, board of directors and AGM

NSE: MODTHREADBSE: 500282Textiles & ApparelsSmall Cap

Formerly Modern Thread
Last close ₹45.99down ₹0.50 (1.08%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹46.49.

52-week range of traded prices to 23 Oct 2026
₹35.61Low, 4 Mar 2026₹65.65High, 18 Aug 2026
Market cap
₹160 Cr2,574th largest listed
P/E
8.5
P/B
1.1
Dividend yield
Nonein the last 12 months
ROE
13.4%
ROCE
10.1%
Debt to equity
0.22
Volume, NSE
41100.0% delivered

Modern Threads (India) board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonRAJESH RANKA
  • Company Secretary and Compliance OfficerANIL KUMAR JAIN

6 directors3 independent2 executive1 non-executive

  • RAJESH RANKA · ChairpersonExecutive · joined Sep 2011 · reappointed Jul 2025 · 36 months as independent · 1 listed board
  • Prabodh Kumar NaharExecutive · joined Jan 2026 · reappointed Jan 2026 · 36 months as independent · 1 listed board · 2 committee seats
  • VEENA JAINNon-executive · joined Jun 2015 · reappointed Jun 2015 · 1 listed board
  • Chhitar Mal JainIndependent · joined Jul 2022 · reappointed Jul 2022 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Ankita JainIndependent · joined Jul 2022 · reappointed Jul 2022 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
  • Mukesh Kumar SoniIndependent · joined Nov 2024 · reappointed Nov 2024 · 60 months as independent · 1 listed board · 1 as independent

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

2 directors who left
  • Ram Awatar Kabra, left 7 Jan 2026: Others
  • Jagdishnarayan Sharma, left 28 Feb 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 14 Sep 20266 of 6 present3 independent · 30 days in between
    • 14 Aug 20266 of 6 present3 independent · 17 days in between
    • 27 Jul 20266 of 6 present3 independent · 57 days in between
    • 30 May 20266 of 6 present3 independent

  • Audit Committee

    Chair Ankita Jain

    Chhitar Mal Jain, Prabodh Kumar Nahar

    • 14 Aug 20263 of 3 present2 independent · 75 days in between
    • 30 May 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Ankita Jain

    Chhitar Mal Jain, Mukesh Kumar Soni

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair Ankita Jain

    Chhitar Mal Jain, Prabodh Kumar Nahar

    • 14 Aug 20263 of 3 present2 independent · 75 days in between
    • 30 May 20263 of 3 present2 independent

  • Corporate Social Responsibility Committee

    Chair RAJESH RANKA

    Ankita Jain, Chhitar Mal Jain

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Jun 2026.

  • S S SURANA & COMPANYPeer-review certificate valid to Jun 2028
1 earlier auditor
  • SS Surana & CoNamed in the filing for the quarter to Dec 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Modern Threads (India) AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Modern Threads (India) share news and announcements

Annual general meeting, 30 Sep 2026

1,35,041 shareholders on the register on 23 Sep 2026; present: 2 promoters and 33 others; votes counted by Rajendra Kumar Jain / R.K Jain & Associates.The company's voting result (opens in a new tab)

  1. Adoption of Financial Statements
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.20%

    Turnout: all 65.23% · promoters 100.00% · institutions 0.57% · other public 0.02%

  2. To appoint a Director in place of Mr Prabodh Kumar Jain (DIN: 11457800), who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.83%

    Turnout: all 65.23% · promoters 100.00% · institutions 0.57% · other public 0.02%

  3. Ratify the Remuneration of the Cost Auditors for the Financial Year 2026-27
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.83%

    Turnout: all 65.23% · promoters 100.00% · institutions 0.57% · other public 0.02%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 27 Mar 2026, 1 resolution

1,34,995 shareholders on the register on 20 Feb 2026; votes counted by Rajendra Kumar Jain / R.K Jain & Associates.The company's voting result (opens in a new tab)

  1. Appointment of Mr. Prabodh Kumar Nahar (DIN 11457800) as a Whole-time Director designated as an Executive Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.70%

    Turnout: all 65.17% · promoters 100.00% · institutions 0.00% · other public 0.03%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2025, 6 resolutions

1,35,338 shareholders on the register on 23 Sep 2025; present: 2 promoters and 32 others; votes counted by Rajendra Kumar Jain / R.K Jain & Associates.The company's voting result (opens in a new tab)

  1. Adoption of Financial Statements
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.41%

    Turnout: all 65.17% · promoters 100.00% · institutions 0.00% · other public 0.01%

  2. To appoint a Director in place of Mrs. Veena Jain (DIN: 07148606), who retires by rotation
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.89%

    Turnout: all 65.17% · promoters 100.00% · institutions 0.00% · other public 0.01%

  3. Re-appointment and Payment of Remuneration of Shri Rajesh Ranka (DIN: 03438721) as Chairman and Managing Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.89%

    Turnout: all 65.17% · promoters 100.00% · institutions 0.00% · other public 0.01%

  4. Contribution of funds to Bonafide Charitable or other funds, in excess of the Limit laid down in section 181 of the Companies Act, 2013
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.41%

    Turnout: all 65.17% · promoters 100.00% · institutions 0.00% · other public 0.01%

  5. Appointment of R.K. Jain and Associates, Practicing Company Secretaries as a Secretarial Auditors of the Company for first term of five consecutive years commencing from the financial year 2025-26
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.41%

    Turnout: all 65.17% · promoters 100.00% · institutions 0.00% · other public 0.01%

  6. Ratify the Remuneration of the Cost Auditors for the Financial Year 2025-26
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.41%

    Turnout: all 65.17% · promoters 100.00% · institutions 0.00% · other public 0.01%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 31 Jan 2025, 2 resolutions

1,35,423 shareholders on the register on 27 Dec 2024; votes counted by Rajendra Kumar Jain / R.K Jain & Associates.The company's voting result (opens in a new tab)

  1. Re-appointment and Payment of Remuneration of Shri Ram Awatar Kabra (DIN:00945603) as a Whole-Time Director designated as an Executive Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 70.50% · promoters 100.00% · institutions 44.48% · other public 0.04%

  2. Appointment of Shri Mukesh Kumar Soni (DIN: 10804913) as an Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 70.50% · promoters 100.00% · institutions 44.48% · other public 0.04%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2024, 4 resolutions

Present: 2 promoters and 33 others.The company's voting result (opens in a new tab)

  1. Adoption of Financial Statements
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.01%

    Turnout: all 65.16% · promoters 100.00% · institutions 0.49% · other public 0.02%

  2. To appoint a Director in place of Mrs. Veena Jain (DIN: 07148606), who retires by rotation
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.01%

    Turnout: all 65.16% · promoters 100.00% · institutions 0.49% · other public 0.02%

  3. to Alter of Object Clause of the Memorandum of Association of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.39%

    Turnout: all 65.16% · promoters 100.00% · institutions 0.49% · other public 0.01%

  4. To ratify the Remuneration of the Cost Auditors for the Financial Year 2024-25
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.01%

    Turnout: all 65.16% · promoters 100.00% · institutions 0.49% · other public 0.02%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2023, 4 resolutions

Present: 2 promoters and 31 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements of the Company for the year ended 31st March, 2023 and the reports of the Board of Directors and Auditors thereon
    Ordinary
    95.67% for4.33% against

    Against: promoters 0.00% · institutions 0.00% · other public 99.81%

    Turnout: all 68.05% · promoters 100.00% · institutions 0.00% · other public 13.48%

  2. To appoint a Director in place of Shri Ram Awatar Kabra (DIN : 00945603), who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    95.67% for4.33% against

    Against: promoters 0.00% · institutions 0.00% · other public 99.81%

    Turnout: all 68.05% · promoters 100.00% · institutions 0.00% · other public 13.48%

  3. To approve increase in remuneration of Shri Rajesh Ranka (DIN : 03438721) Chairman & Managing Director of the Company
    SpecialPromoters have an interest in it
    95.67% for4.33% against

    Against: promoters 0.00% · institutions 0.00% · other public 99.82%

    Turnout: all 68.05% · promoters 100.00% · institutions 0.00% · other public 13.48%

  4. To ratify the payment of remuneration to M. Goyal & Co., Cost Accountants (Firm registration no. 000051) as Cost Auditors of the Company for the year ending 31st March, 2024
    Ordinary
    95.67% for4.33% against

    Against: promoters 0.00% · institutions 0.00% · other public 99.81%

    Turnout: all 68.05% · promoters 100.00% · institutions 0.00% · other public 13.48%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2022, 8 resolutions

Present: 2 promoters and 32 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements of the Company for the year ended 31st March, 2022 and the reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.95%

    Turnout: all 65.10% · promoters 100.00% · institutions 0.00% · other public 0.03%

  2. To appoint a Director in place of Smt. Veena Jain (DIN : 07148606), who retires by rotation and being eligible, offers herself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.11%

    Turnout: all 65.10% · promoters 100.00% · institutions 0.00% · other public 0.03%

  3. To appoint S.S. Surana & Co., Chartered Accountants, Jaipur (Firm registration No. 001079C) as Statutory Auditors of the Company for a period of five years, from the conclusion of 41st Annual General Meeting until the conclusion of 46th Annual General Meeting of the CompanyMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.95%

    Turnout: all 65.10% · promoters 100.00% · institutions 0.00% · other public 0.03%

  4. To re-appoint and payment of remuneration to Shri Rajesh Ranka (DIN : 03438721) as Chairman and Managing Director of the Company for a further period of three years with effect from 1st july, 2022.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.11%

    Turnout: all 65.10% · promoters 100.00% · institutions 0.00% · other public 0.03%

  5. To appoint and payment of remuneration to Shri Ram Awatar Kabra (DIN : 00945603) as Whole Time Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.11%

    Turnout: all 65.10% · promoters 100.00% · institutions 0.00% · other public 0.03%

  6. To appoint Shri Chhitar Mal Jain (DIN : 09566506) as a Non-Executive-Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.11%

    Turnout: all 65.10% · promoters 100.00% · institutions 0.00% · other public 0.03%

  7. To appoint Mrs. Ankita Jain (DIN : 09598249) as a Non-Executive-Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.11%

    Turnout: all 65.10% · promoters 100.00% · institutions 0.00% · other public 0.03%

  8. To ratify the payment of remuneration to M. Goyal & Co., Cost Accountants (Firm registration no. 000051) as Cost Auditors of the Company for the year ending 31st March, 2023
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.95%

    Turnout: all 65.10% · promoters 100.00% · institutions 0.00% · other public 0.03%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2021, 4 resolutions

Present: 2 promoters and 30 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the year ended 31st March, 2021, and the reports of the Board of Directors and Auditors thereon
    Ordinary
    95.67% for4.33% against

    Against: promoters 0.00% · institutions 0.00% · other public 99.86%

    Turnout: all 68.05% · promoters 100.00% · institutions 0.00% · other public 13.48%

  2. To appoint a Director in place of Smt. Veena jain (DIN : 07148606), who retires by rotation and being eligible, offers herself for re-appointment
    Ordinary
    95.67% for4.33% against

    Against: promoters 0.00% · institutions 0.00% · other public 99.86%

    Turnout: all 68.05% · promoters 100.00% · institutions 0.00% · other public 13.48%

  3. To re-appoint Shri Ram Rai Kabra (DIN : 07985411) as an Independent Director of the Company
    Special
    95.67% for4.33% against

    Against: promoters 0.00% · institutions 0.00% · other public 99.86%

    Turnout: all 68.05% · promoters 100.00% · institutions 0.00% · other public 13.48%

  4. To ratify the payment of Remuneration to M. Goyal and Co., Cost Accountants (Firm Registration No. 000051), as Cost Auditor of the Company for the year ending 31st March, 2022
    Ordinary
    95.67% for4.33% against

    Against: promoters 0.00% · institutions 0.00% · other public 99.86%

    Turnout: all 68.64% · promoters 100.00% · institutions 0.00% · other public 13.48%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.