In compliance with Regulation 30 and 31A (6) (c) of SEBI LODR Regulations 2015, Modern Insulators has informed that its beloved Founder & Promoter of the company, Hari Singh Ranka, has moved to a higher realm on December 25, 2022, who are holding NIL shares in the company. He would be ceased to be part of the promoter group of the company in accordance with Regulation 31A (6) (c) of the SEBI LODR Regulations, 2015. A leader remembered for his generosity and charismatic personality, Hari Singh Ranka lived a life of service to humanity. He has been the guiding light for the Modern Group and played a crucial leadership role for over five decades with the Group and he will be deeply missed.
The above information is a part of company’s filings submitted to BSE.