G M Polyplast Ltd

Book Closure for AGM

• Book closure: 01 Sep 2026 to 07 Sep 2026 (inclusive).
• Purpose: For the 23rd AGM of GM Polyplast Limited.
• Record date: 31 Aug 2026; voting entitlement determined.
• AGM date/time: 07 Sep 2026 at 11:00 AM.
• Security type: Equity shares.
• E-voting period: 04 Sep 2026, 09:00 AM to 06 Sep 2026, 05:00 PM.

AGM Details

• Date/time: 7 September 2026, 11:00 AM; in-person meeting.
• Venue: The Club, Andheri West, Mumbai.
• Cut-off date for voting: 31 August 2026.
• Remote e-voting: 4–6 September 2026, 9:00–17:00 IST.
• Book closure: 1–7 September 2026.

Key Resolutions

• Resolution 1 (Ord): Adopt audited financial statements and reports. Outcome: Not disclosed.
• Resolution 2 (Ord): Re-appointment by rotation. Outcome: Not disclosed.
• Resolution 3 (Special): Loans/guarantees/advances to Regranix up to ₹20 Cr at arm's length. Outcome: Not disclosed.
• Resolution 4 (Special): Investments in Regranix up to ₹20 Cr. Outcome: Not disclosed.
• Resolution 5 (Special): Purchase from Regranix up to ₹25 Cr. Outcome: Not disclosed.
• Resolution 6 (Special): Sale of materials to Regranix up to ₹20 Cr. Outcome: Not disclosed.
• Resolution 7 (Special): Sale of undertaking to Regranix up to ₹2 Cr. Outcome: Not disclosed.
• Resolution 8 (Special): Borrowing powers to ₹50 Cr; security; related party borrowings up to ₹50 Cr. Outcome: Not disclosed.
• Resolution 9 (Special): Ratify cost auditor remuneration ₹60k. Outcome: Not disclosed.

Director changes

• Director retiring by rotation: re-appointment of Dinesh Balbeer Sharma.

Auditor appointments

• Cost Auditor remuneration fixed at ₹60,000 for FY2026-27.

Material Related Party Transactions

• Related party: Regranix Private Limited; wholly owned subsidiary.
• Transactions: loans, guarantees, security, and advances.
• Aggregate value: up to ₹20 Crore; one-year term; arm's length pricing.

Other material approvals

• Omnibus approval for related party transactions with Regranix.
• Pricing to be at arm's length.

AGM Details

• Date/time: September 07, 2026 at 11:00 AM.
• Mode: Physical meeting at The Club, Mumbai.
• Record date for voting: August 31, 2026.
• Book closure: September 1–7, 2026.
• E-voting window: September 4–6, 2026.

Key Resolutions

• Ordinary: Adopt audited financial statements for year ended March 31, 2026.
• Ordinary: Re-appoint director by rotation.
• Special: Grant loans/guarantees/security/advances to Regranix up to INR 20 crore.
• Special: Investments in Regranix Private Limited up to INR 20 crore.
• Special: Purchases from Regranix up to INR 25 crore.
• Special: Sale of materials to Regranix up to INR 20 crore.
• Special: Sale of undertaking to Regranix up to INR 2 crore.
• Special: Enhance borrowing powers to INR 50 crore and related party borrowings.
• Special: Ratify Cost Auditor remuneration for FY 2026-27 (INR 60,000).

Voting Results

• Res 1: Adoption of financial statements — status: To be announced.
• Res 2: Re-appointment by rotation — status: To be announced.
• Res 3: RPT with Regranix loan grant — status: To be announced.
• Res 4: RPT investments in Regranix — status: To be announced.
• Res 5: RPT material purchases — status: To be announced.
• Res 6: RPT material sales to Regranix — status: To be announced.
• Res 7: RPT sale of undertaking — status: To be announced.
• Res 8: Borrowing powers and related borrowings — status: To be announced.
• Res 9: Cost auditor remuneration — status: To be announced.

Dividend

• Dividend: No dividend declared for the year.

Director Changes

• Director: Dinesh Balbeer Sharma to be re-appointed by rotation.

Auditors

• Cost Auditor remuneration: INR 60,000 for FY 2026-27 (ratification via Special Resolution).

Material Related Party Transactions

• Res 3: Regranix loans/guarantees/advances up to INR 20 crore.
• Res 4: Investments in Regranix up to INR 20 crore.
• Res 5: Purchases from Regranix up to INR 25 crore.
• Res 6: Sales to Regranix up to INR 20 crore.
• Res 7: Sale of Undertaking to Regranix up to INR 2 crore.
• Res 8: Borrowing powers up to INR 50 crore; related party borrowings.
• Res 9: Cost Auditor remuneration up to INR 60,000.

Dematerialisation status

• No dematerialisation/rematerialisation requests were received during the quarter.
• Regulatory applicability not applicable since all holdings are in demat form.

G M Polyplast Limited: Trading Window closed from July 01, 2026 until 48 hours from the submission of the Outcome to the Stock Exchange of any board meeting; Quarter ended June 30, 2026

Target Entity and Ownership

• Regranix Private Limited is a newly incorporated wholly owned subsidiary of G M Polyplast Limited.
• Incorporated on 13 March 2026 under Companies Act, 2013 (CIN U20131MH2026PTC469366).
• G M Polyplast Limited holds 100% ownership in Regranix Private Limited.

Industry and Business

• Industry not explicitly stated; parent company operates in manufacturing plastic sheets and granules.
• Regranix Private Limited has no operational or financial history as a newly incorporated entity.

Transaction Details

• Formation of a wholly owned subsidiary, not an acquisition from a third party.
• No purchase consideration or cost disclosed; consideration not applicable.
• No regulatory approvals beyond incorporation under Companies Act, 2013 mentioned.

Target Entity and Ownership

• Regranix Private Limited is a proposed wholly owned subsidiary of G M Polyplast Limited.
• G M Polyplast will hold 100% beneficial interest in Regranix's share capital.
• Six individual shareholders hold one equity share each as registered owners, beneficially owned by G M Polyplast.

Industry and Business Background

• G M Polyplast Limited operates in manufacturing plastic sheets and granules, including HIPS, ABS, PET, PP, and HDPE.

Purpose and Strategic Rationale

• Incorporation of Regranix Private Limited aims at strategic expansion through a wholly owned subsidiary.

Transaction Details

• Consideration involves subscription to share capital; no cash or other consideration disclosed.
• The incorporation process was ongoing as of March 2026.

Regulatory Approvals

• No regulatory or governmental approvals specified.

Corporate Action

• G M Polyplast Limited is incorporating a wholly owned subsidiary named Regranix Private Limited.
• The incorporation process of Regranix Private Limited is currently underway.
• No financial details, business description, or industry information disclosed for the subsidiary.
• No acquisition, shareholding percentage, or related party transaction involved.
• No regulatory approvals required beyond name reservation by Ministry of Corporate Affairs.
• No timeline for completion or consideration/cost disclosed.