Modern Insulators Limited informed that beloved Founder & Promoter of the company, Shri Hari Singh Ranka, has moved to a higher realm on December 25, 2022, who are holding NIL shares in the company. Further, it is hereby informed that he would be ceased to be part of the promoter group of the company in accordance with Regulation 31A (6) (c) of the SEBI LODR Regulations, 2015. A leader remembered for his generosity and charismatic personality, Shri Hari Singh Ranka lived a life of service to humanity. He has been the guiding light for the Modern Group and played a crucial leadership role for over five decades with the Group and he
will be deeply missed.