Managing Director Jigen J. Modi Re-appointed for Five Years at 31st AGM
Shareholders at the 31st AGM re-appointed Mr. Jigen J. Modi (DIN: 03355555) as Managing Director for another term of five consecutive years, by special resolution.
- Director Re-appointed
- Mr. Jigen J. Modi (DIN: 03355555) as Managing Director for five consecutive years
- Remuneration
- 1,80,000/- p.a, same as last drawn in FY 2025-26
- Experience
- Over 25 years of experience in pharmaceuticals business, marketing and management
- Board Meetings Attended
- Eight (8) board meetings
- Approval Method
- By special resolution at the 31st Annual General Meeting
What happened
Mr. Jigen J. Modi (DIN: 03355555) has been re-appointed as Managing Director of the company for another term of five consecutive years, approved by shareholders through a special resolution at the 31st Annual General Meeting.
Details of the director
- Age 57 years; first appointed as director on 01/11/2021.
- Qualification: B.COM.
- More than 25 years of experience in business, marketing and management in the pharmaceuticals sector.
- Attended Eight (8) board meetings.
- Holds no equity shares in the company as per the disclosure.
- Husband of Amisha J. Modi, Executive Director of the company.
- Confirmed as not debarred from holding the office of director by SEBI or any other authority.
Remuneration
Remuneration sought to be paid is 1,80,000/- p.a, the same as the 1,80,000/- p.a last drawn during financial year 2025-26.
What it means for investors
This is a continuity decision rather than a change of leadership: the existing Managing Director stays on for a fresh five-year term on unchanged pay. Investors may read it as stability in the promoter-led management team, with the family relationship between the Managing Director and an Executive Director already disclosed.
Also from Achyut Healthcare
Independent Director Rutvik S. Thakkar re-appointed for another five-year term at AGM
30 Sep 2026
Independent Director Sonu Lalitkumar Jain re-appointed for five more years at AGM
30 Sep 2026
31st AGM Held; MD and Two Independent Directors Re-appointed for 5 Years
29 Sep 2026
More numbers
- Term of re-appointmentfive consecutive years
- Remuneration sought to be paid1,80,000/- p.a
- Remuneration last drawn (FY 2025-26)1,80,000/- p.a.
- Age57 years
- Experiencemore than 25 years
- Board meetings attendedEight (8)
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