Modern Insulators has informed that the Board of Directors of the Company in its meeting held today, September 17, 2024 approved to Invest in 138800 Equity Shares of Swiggy Limited for Rs 360 per share. The disclosures in respect of the said investment, as required under Regulation 30 of the SEBI Listing Regulations, read with Schedule III thereto and the SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, is also attached as Annexure - I to this letter. The Board commences at 11:00 AM and concludes at 11:30 AM.
The above information is a part of company’s filings submitted to BSE.