Modulex Construction Promoter Pledges 18.92 Lakh Equity Shares for Financial Assistance

Modulex construction Technologies Limited has received a disclosure from its promoter regarding the pledging of equity shares for financial assistance. The disclosure, made under SEBI regulations, involves a significant portion of the promoter's shareholding being encumbered.

Pledge Details

Suchit Punnose, who serves as both promoter and whole-time director of the company, has pledged his entire shareholding in the company. The pledge transaction involves specific terms and beneficiary arrangements for financial assistance purposes.

Parameter Details Shares Pledged 18,92,489 equity shares Percentage of Total Capital 2.66% Pledge Creation Date 30th March, 2026 Beneficiary Entity Pyxis Finvest Limited Purpose Financial assistance

Regulatory Compliance

The disclosure was made in compliance with Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The formal reporting to the stock exchange and company board was completed on 31st March, 2026.

Shareholding Impact

Prior to this transaction, Suchit Punnose held 18,92,489 shares representing 2.66% of the total share capital with no existing encumbrances. Following the pledge creation, his entire shareholding of 18,92,489 shares now stands encumbered in favor of Pyxis Finvest Limited.

Shareholding Status Number of Shares Percentage Total Promoter Holding 18,92,489 2.66% Previously Encumbered 0 0% Post-Event Encumbered 18,92,489 2.66%

Corporate Communication

The disclosure was formally communicated to the Board of Directors of Modulex Construction Technologies Limited and the Department of Corporate Services at BSE Limited. The company's shares are listed on the Bombay Stock Exchange Limited, where this regulatory disclosure has been submitted for record.

Modulex Construction Technologies Limited has successfully completed its postal ballot process, with shareholders providing overwhelming approval for a key leadership designation change. The company announced the voting results on 16th March, 2026, following the conclusion of the remote e-voting period.

Designation Change Details

The postal ballot sought shareholder approval for the change in designation of Mr. Jayesh Sheth (DIN: 03506031) from Executive Director - Finance to Joint Managing Director of the company. The designation change became effective from 11th February, 2026, as disclosed in the company's regulatory filing to BSE Limited.

Parameter: Details Effective Date: 11th February, 2026 Previous Designation: Executive Director - Finance New Designation: Joint Managing Director Postal Ballot Declaration: 16th March, 2026

Postal Ballot Process Overview

The postal ballot, dated 11th February, 2026, was conducted entirely through electronic means. The remote e-voting period commenced at 09.00 a.m. (IST) on Saturday, 14th February, 2026 and concluded at 05.00 p.m. (IST) on Sunday, 15th March, 2026.

Parameter: Details Deemed Approval Date: 15th March, 2026 Cut-off Date: 06th February, 2026 Total Shareholders on Record: 7,235 Resolutions Passed: 1

Voting Results and Shareholder Participation

The special resolution received exceptional support from shareholders across all categories. The voting results demonstrate strong confidence in the proposed leadership change.

Category: Total Shares Held Valid Votes Polled Votes in Favor Votes Against % in Favor Promoter and Promoter Group: 1,56,50,141 1,56,50,141 1,56,50,141 0 100.00% Public - Institutional: 1,200 0 0 0 0.00% Public - Non Institutional: 5,35,50,445 23,93,800 23,93,273 527 99.98% Total: 6,92,01,786 1,80,43,941 1,80,43,414 527 99.9971%

Resolution Details and Compliance

The resolution for Mr. Jayesh Sheth's designation change was classified as a special resolution under Section 152 and other applicable provisions of the Companies Act, 2013. The company had initially disclosed the relevant details at the Board Meeting held on 11th February, 2026, as required under Regulation 30 of SEBI Listing Regulations.

Voting Details: Results Total Valid Votes: 1,80,43,941 Participation Rate: 26.074% E-voting Entries in Favor: 20 E-voting Entries Against: 7

Regulatory Disclosure and Transparency

CS Dharmesh M. Zaveri, the appointed scrutinizer, confirmed that the resolution was passed with the requisite majority as per the Companies Act, 2013 provisions. The company has disclosed the voting results and scrutinizer's report to BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The voting results and scrutinizer's report have been made available on the company's website at www.modulex.in and on CDSL's e-voting portal at www.evotingindia.com , ensuring transparency and accessibility for all stakeholders.

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