Modular Medical, Inc. Passive Investment Disclosure (>5%)

Modular Medical, Inc. Schedule 13G filed by Pathfinder Asset Management Limited reports beneficial ownership of 8,993,263 common shares, representing approximately 6.43% of the outstanding common stock as of Mar. 23, 2026.

Rhea-AI Filing Summary

Modular Medical, Inc. Schedule 13G filed by Pathfinder Asset Management Limited reports beneficial ownership of 8,993,263 common shares, representing approximately 6.43% of the outstanding common stock as of Mar. 23, 2026. The filing identifies Pathfinder as a Canada-based registered investment adviser and shows sole voting and dispositive power over the reported shares.

Insights

Corporate Governance Expert

Institutional ownership disclosure: Pathfinder holds a notable passive stake.

Pathfinder Asset Management Limited reports 8,993,263 shares, or 6.43%, with sole voting and dispositive power as of Mar. 23, 2026. The Schedule 13G form indicates passive or qualifying institutional reporting rather than an activist intent.

The filing includes a certification of comparable foreign regulation and a corporate secretary signature. Subsequent filings would indicate changes; this disclosure itself does not state any planned corporate actions or sales.

Institutional Ownership Analyst

Stake size and control metrics are clearly reported for position-sizing context.

The report lists sole voting and sole dispositive power over all 8,993,263 shares. The 6.43% figure is the key ownership ratio presented with an as of Mar. 23, 2026 time anchor.

Cash‑flow treatment and intent (e.g., buy/sell plans) are not stated in the excerpt; subsequent Schedule 13D or Form 4 filings would change the disclosure profile if activity occurs.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/23/2026 - 05:46 PM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Modular Medical, Inc.

(Name of Issuer)

Common Stock, $0.001 par value per share

(Title of Class of Securities)

60785L207

(CUSIP Number)

03/04/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 60785L207

1

Names of Reporting Persons

Pathfinder Asset Management Ltd

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CANADA (FEDERAL LEVEL)

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 8,993,263.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 8,993,263.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,993,263.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.4 %

12

Type of Reporting Person (See Instructions)

FI

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Modular Medical, Inc.
(b)	Address of issuer's principal executive offices: 10740 THORNMINT ROAD, SAN DIEGO, CALIFORNIA, 92127.
Item 2.
(a)	Name of person filing: Pathfinder Asset Management Limited
(b)	Address or principal business office or, if none, residence: 1450 - 1066 West Hastings St., Van., BC, V6E 3X1
(c)	Citizenship: Canada
(d)	Title of class of securities: Common Stock, $0.001 par value per share
(e)	CUSIP Number(s): 60785L207
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
	Foreign investment advisor (Canada) Canadian portfolio manager and investment fund manager registered in various provinces
Item 4.	Ownership
(a)	Amount beneficially owned: As at Mar.23, 2026, Pathfinder Asset Management Limited beneficially owns 8,993,263 Common Shares.
(b)	Percent of class: As at Mar.23, 2026, the Reporting Person may be deemed to beneficially own approximately 6.43% of the outstanding Common Shares.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 8,993,263
	(ii) Shared power to vote or to direct the vote: Not applicable
	(iii) Sole power to dispose or to direct the disposition of: 8,993,263
	(iv) Shared power to dispose or to direct the disposition of: Not applicable
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to Foreign registered investment advisor Canadian portfolio manager and investment fund manager registered in various provinces is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Pathfinder Asset Management Ltd

Signature:	Victor Chan
Name/Title:	Corporate Secretary
Date:	03/23/2026