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Modern Insulators Ltd is in the business of manufacturing insulators, terry towels and EPC projectsBusiness Overview: MIL is a part of the Modern Group of Industries which was set up in collaboration with Siemens, Germany. Company is an ISO 9001, 14001 & 45001 Certified manufacturer and exporter of porcelain insulators...
Modern Insulators has received an updated credit rating from CRISIL Ratings. The total bank loan facilities rated for the company have been enhanced from Rs. 130 Crore to Rs. 165 Crore. Simultaneously, its long-term rating of 'Crisil A-/Stable' and short-term rating of 'Crisil A2+' have both been reaffirmed. This positive...
Modern Insulators Limited's Registrar and Transfer Agent confirmed compliance for the quarter ended June 30, 2026, regarding dematerialization activities. This means all securities received from Depository Participants for dematerialization during the quarter were properly processed, including confirmation, listing on stock exchanges, and timely update of ownership records in the register...
The document contains financial results for two companies. Modern Insulators Limited has published its audited financial results for the quarter and year ended March 31. The company reported standalone total income from operations of 18,618.78 and a net profit after tax of 948.48 for the quarter. On a consolidated basis,...
Modern Insulators Limited has submitted its Annual Secretarial Compliance Report. The report notes two past instances of delayed regulatory filings: a shareholding pattern submission resulted in a Rs. 2,360 fine, and an earlier annual compliance report submission incurred a Rs. 9,440 fine. Management has stated its commitment to ensuring all...
Modern Insulators Limited has secured credit ratings from Crisil Ratings for its total bank loan facilities of 130 Crore. The long-term rating is now Crisil A-/Stable, and the short-term rating is Crisil A2+. These ratings reflect Crisil's assessment of the company's capacity for timely fulfillment of financial obligations. This provides...