Modulex Construction Technologies MD, chairman, board of directors and AGM
BSE: 504273ConstructionSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹13.29.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹141 Cr2,697th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Earlier quarters restated in the year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Shares changed
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 5 Aug 2026
- −4.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 22 May 2026
- 0.05
- Volume, BSEVolume. Shares traded on the last trading day.
- 8,587
Modulex Construction Technologies 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
- Managing directorAjay Palekar
- ChairpersonSuchit Punnose
- Managing directorJayesh Sheth
- Company Secretary and Compliance OfficerMs. Bhoomi Mewada
8 directors4 independent3 executive1 non-executive
- Ajay Palekar · Managing directorExecutive · joined Mar 2018 · reappointed Sep 2022 · 60 months as independent · 1 listed board · 1 committee seat
- Suchit Punnose · ChairpersonExecutive · joined Mar 2018 · reappointed Sep 2024 · 36 months as independent · 2 listed boards · 2 committee seats
- Aditya Vikram KanoriaNon-executive · joined Mar 2018 · reappointed Sep 2024 · 60 months as independent · 2 listed boards · 1 committee seat
- Raj Kumar SharmaIndependent · joined Aug 2019 · reappointed Sep 2022 · 60 months as independent · 1 listed board · 1 as independent
- Jayesh Sheth · Managing directorExecutive · joined Jul 2024 · reappointed Feb 2026 · 36 months as independent · 1 listed board · 1 committee seat
- Parag MehtaIndependent · joined Apr 2025 · 60 months as independent · 2 listed boards · 2 as independent · 1 committee seat, 3 as chair
- Major General MN Devaya (Retd.)Independent · joined Apr 2025 · 60 months as independent · 1 listed board · 1 as independent
- Sudha PrajapatiIndependent · joined Sep 2025 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat
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.
1 director who left
- Rakhee Agarwal, left 30 Sep 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 5 Aug 20268 of 8 present4 independent · 74 days in between
- 22 May 20268 of 8 present4 independent
Audit Committee
Chair Mr. Parag Mehta
Mr. Sudha Prajapati, Mr. Jayesh Sheth
- 4 Aug 20263 of 3 present2 independent · 74 days in between
- 21 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Mr. Raj Kumar Sharma
Mr. Parag Mehta, Major General MN Devaya (Retd.)
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Mr. Parag Mehta
Mr. Suchit Punnose, Mr. Ajay Palekar
No meeting listed in the filing.
Management Committee
Chair Mr. Ajay Palekar
Mr. Suchit Punnose, Mr. Raj Kumar Sharma
No meeting listed in the filing.
Securities Committee
Chair Major General MN Devaya (Retd.)
Mr. Suchit Punnose, Mr. Ajay Palekar
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 Mar 2026.
- Dhadda & AssociatesPeer-review certificate valid to May 2027
1 earlier auditor
- Dhadda and associatesNamed in the filing for the quarter to Mar 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.
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
- 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
- No
- 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.
How money raised was used
Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far. A statement's amounts are left out where the raise it states is more than ten times everything the company owns, a figure typed at the wrong scale.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesDec 2024 | – | The Company will utilise the proceeds from the preferential issue of Warrants as a loan to its Subsidiary Company for the construction of the factory at Indapur, Pune, Maharashtra. | – | – | No |