Modulex Construction Technologies: Outcome of Board Meeting

The Board of Directors at its meeting held on Thursday February 14 2019 commenced at 11.30 a.m. inter alia considered and approved:

1. The Unaudited Standalone Financial Results for the quarter ended December 31 2018 as recommended by Audit Committee;

2. The Issuance of upto 1 06 76 062 Equity Shares on preferential basis by swap against Equity Shares of Modulex Modular Buildings Private Limited at the ratio of 1:1.345 subject to approval of the shareholders;

3. The draft Notice of Postal Ballot and Draft Letter of Offer (PAS-4) for the above purpose

4. Pursuant to the SEBI (PIT) (Amendment) Reg 2018 the Board has amended the Code of Fair Disclosure under Reg 8 and Code of Conduct under Reg 9. The amended Codes are effective from April 01 2019 and shall be made available on the website of the Company i.e. www.modulex.in

You are requested to take the above information on records.