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An update from Modular Medical ( (MODD) ) is now available.
On January 23, 2026, Modular Medical, Inc. held its fiscal 2026 annual meeting of shareholders, at which a quorum representing about 69% of outstanding common shares was present. Shareholders re-elected all director nominees, authorized the board to implement a reverse stock split within a specified range at its discretion within one year, and approved an increase in authorized common stock from 100 million to 250 million shares, providing the company with greater flexibility for future equity issuance and capital-raising activities. Investors also approved an expansion of the 2017 Equity Incentive Plan by 3 million shares, endorsed executive compensation on an advisory basis, and ratified the appointment of Farber Hass Hurley LLP as the independent auditor for the fiscal year ending March 31, 2026, collectively reinforcing existing governance, compensation, and financial reporting arrangements.
More about Modular Medical
Modular Medical, Inc. is a publicly traded company that issues common stock and operates under an Amended and Restated Certificate of Incorporation in Nevada, using equity incentive plans and public equity markets as key components of its capital and compensation structure.
Average Trading Volume: 839,156
Technical Sentiment Signal: Strong Sell
Current Market Cap: $36.81M
Learn more about MODD stock on TipRanks’ Stock Analysis page.