Modi’s Navnirman Ltd has announced a board meeting on which will address matters related to an Extra Ordinary General Meeting (EOGM), including dispatch of the notice and remote e-voting details.

Separately, communication reveals a wilful defaulter classification involving the company in relation to outstanding dues secured against mortgage of properties.

This highlights potential credit and reputational risks that investors should monitor, as it may impact the company’s borrowing capacity and stakeholder confidence.

The company’s compliance updates and operational notices continue alongside these developments.