The Board of Directors of Modipon Limited have passed a circular resolution on March 03, 2021, approving appointment of Mr. Nitesh Kumar (DIN: 06439789) as an "Non-Executive Independent Director" on the Board of Directors of the Company with effect from March 02, 2021 for a term of 5 (five) years subject To Approve the Shareholders of the Company. Mr. Nitesh Kumar will be a Non-Executive, Independent Director and he is not related to the Promoter or Promoter Group and fulfills the criteria of independence as required under the provisions of the Companies Act, 2013 and the Rules framed thereunder and the Listing Regulations.