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Modern India Limited (MODERN.BO)

BSE - BSE Real Time Price. Currency in INR
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Modern India Limited

1, Mittal Chambers
228, Nariman Point
Mumbai 400021
91 22 6744 4200

IndustrySpecialty Business Services
Full-time employees

Key executives

NameTitlePayExercisedYear born
Mr. Vijay Kumar Mahabirprasad JatiaChairman & MD17.93MN/A1957
Mr. Mudit Vijaykumar Jatia BA, MBAPresN/AN/A1986
Mr. Sidhant Vijaykumar Jatia MBAPresN/AN/A1983
Mr. Nawalkishore K. DeoraCFO & Sr. VPN/AN/A1965
Mr. Parind BadshahVP, Company Sec. & Compliance OfficerN/AN/AN/A
Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.


Modern India Limited, together with its subsidiaries, primarily trades in various products and commodities in India and internationally. The company operates through Trading Activity, Real Estate, Generation of Renewable Energy, and Background Verification segments. It trades in textile, machinery, luggage, furniture, building/construction materials, hotel equipment, gift articles, etc.; and develops real estate and infrastructure properties. The company also provides background/antecedents verification services; and operates a solar power plant with an installed capacity of 3 MW located in Aundh Village, Satara District, Maharashtra. In addition, it engages in vocational training in jewelry design, manufacturing, and marketing; and offers procurement solutions and services. The company was formerly known as Modern Mills Ltd. and changed its name to Modern India Limited. Modern India Limited was incorporated in 1933 and is based in Mumbai, India.

Corporate governance

Modern India Limited’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.