National Plastic Technologies Ltd

Dematerialisation status and owner update

• Requests for dematerialisation during the quarter were processed and confirmed to the depositories.
• Securities dematerialised have been listed on the stock exchanges where previously listed.
• Physical certificates received for dematerialisation were mutilated and cancelled; depositories named as registered owners within the time limit.

National Plastic Technologies Ltd trading window closed from 30 September 2026 until 48 hrs after conclusion of Board Meeting for unaudited financial results for the quarter & half year ended 30.09.2026

AGM Details

• The 37th AGM was held on 21 September 2026 at 10:15 AM in Chennai, physical, with remote e-voting.
• Voting cutoff for eligibility was 14 September 2026.
• Venue: Arihant Hall, Madras Hotel Ashoka, Pantheon Road, Egmore, Chennai.

Key Resolutions

• Adoption of audited standalone financial statements for FY 2025-26 (Ordinary); passed.
• Declaration of final dividend for FY 2025-26 (Ordinary); passed.
• Re-appointment of Sudershan Parakh as Director (Ordinary); passed.
• Re-appointment of M/S CA Patel & Associates as Auditors (Special); passed.
• Re-appointment of Arihant Parakh as Managing Director (Special); passed.

Voting Results

• Item 1: Adoption of audited standalone financial statements – passed.
• Item 2: Final dividend – passed.
• Item 3: Re-appointment of Sudershan Parakh – passed.
• Item 4: Re-appointment of CA Patel & Associates – passed.
• Item 5: Re-appointment of Arihant Parakh as MD – passed.

Dividend

• Final dividend for FY 2025-26 approved; per-share amount not disclosed.

Director Changes

• Re-appointment of Sudershan Parakh as Director – passed.
• Arihant Parakh appointed as Managing Director – passed.

Auditor Appointments

• Re-appointment of CA Patel & Associates as Auditors – passed.

Material Related Party Transactions

• No material related party transactions approved.

AGM Details

• AGM held on 21-09-2026 at 10:15–10:55 am in-person at Arihant Hall, Chennai.
• 179 members attended; voting via ballot papers and remote e-voting used; results to be communicated separately.

Key Resolutions

• Ordinary Resolution to adopt Audited Financial Statements with Board’s Report approved.
• Ordinary Resolution to declare final dividend of Rs.1.50 per equity share approved.
• Ordinary Resolution for retirement by rotation and re-appointment of Sudershan Parakh approved.
• Special Resolution to reappoint Capatel & Associates as Statutory Auditors for five years approved.
• Special Resolution to appoint Arihant Parakh as MD for 3 years from Sep 25, 2026 with remuneration approved.

Voting Details

• Scrutinizer's report and consolidated results to be communicated to stock exchange within 48 hours.

Director Changes

• Shri Sudershan Parakh retires by rotation; re-appointed as Director.

Auditor Appointments

• M/s CAPatel & Associates reappointed as Statutory Auditors for five years.

Material Related Party Transactions

• No material related party transactions disclosed or approved.

Remuneration / Other Approvals

• Remuneration for Managing Director approved along with MD appointment.

Director Reappointment: Sudershan Parakh

• Reappointment of Sudershan Parakh as Director; effective 21-09-2026 for 24 months; retire-by-rotation; father of Arihant Parakh.
• Relation: Father of Arihant Parakh.

Statutory Auditor Reappointment

• Reappointment of CA Patel & Associates as Statutory Auditor for five years from AGM 2026 to AGM 2031.

Managing Director Reappointment: Arihant Parakh

• Reappointment of Arihant Parakh as Managing Director; 25-09-2026 to 24-09-2029 for 3 years.
• Profile: Commerce post-graduate; ISB Diploma in Financial Management; 20+ years in plastics.
• Relation: Son of Sudershan Parakh; brother of Alok Parakh.

CFO appointment

• Mr. R. Balaji Ramanujam appointed Chief Financial Officer with immediate effect.
• Full-time appointment; governed by company policies and service rules.
• Chartered Accountant with over 25 years in finance and governance.
• Previously 15+ years in senior finance roles at Schwing Stetter India.
• Board approved CFO appointment at the 21-09-2026 meeting.
• Reason: appointment to Chief Financial Officer.
• Disclosure of relationships between Directors: Not applicable.

KMP authorization for materiality disclosures

• Authorized KMPs for materiality determinations: MD Arihant Parakh and CFO Balaji Ramanujam.
• Immediate effect of authorization.
• Meeting date: 21-09-2026.

Resignation details

• Venkatesan N, Executive Director, resigns.
• Effective from close of business on September 30, 2026.
• Resignation due to advancing age.
• No other material reasons for resignation disclosed.
• Vacates Board of Directors seat; no committee memberships disclosed.
• Intimation to stock exchanges and ROC; updating statutory records as required.
• Board vacancy created; no replacement details provided.

Financial highlights

• Revenue from operations rose to Rs 341.20 Cr, up 10% YoY.
• EBITDA reached Rs 26.35 Cr, up about 3.5%.
• PBT rose to Rs 14.05 Cr, up 12.1%.
• Net profit stood at Rs 9.17 Cr, up 1.6%.
• EPS stood at Rs 15.09 per share.
• Automotive components revenue Rs 261 Cr; consumer durables Rs 80 Cr.
• Net worth Rs 60.02 Cr; debt-to-equity ratio 0.19.
• Total borrowings Rs 5178.87 Lakhs.

Expansion & footprint

• New SriCity, Andhra Pradesh plant to commence Oct–Dec 2026.
• Manufacturing footprint expanded to six facilities across four states.

Dividend & capital allocation

• Dividend of Rs 1.50 per equity share recommended.
• Record date for dividend: 14 Sep 2026.
• Dividend, if approved, paid within 30 days post-AGM.

Debt & liquidity

• Total borrowings Rs 5178.87 Lakhs; current Rs 4025.04, long-term Rs 1153.82.
• Debt-to-equity ratio improved to 0.19.
• Net worth Rs 60.02 Cr.

Governance & auditors

• Statutory auditors CA Patel & Associates proposed for five years.
• Arihant Parakh re-appointed as Managing Director for 3 years from 25 Sep 2026.
• Sudershan Parakh re-appointed; independent-director declarations on independence filed.

CSR & sustainability

• CSR expense Rs 22.00 Lakhs; average net profit Rs 21.88 Lakhs.
• CSR obligation Rs 21.39 Lakhs; spent Rs 22 Lakhs; unspent nil.
• CSR projects include healthcare and education; policy disclosed on company site.

AGM Details

• Date, time, venue: 21 September 2026, 10:15 AM, Arihanth Hall, Chennai.
• Mode: in-person AGM with remote e-voting facility.
• Record date: 14 September 2026.
• Remote e-voting window: 18–20 September 2026.

Dividend

• Final dividend proposed: Rs 1.50 per share (15% of face value).
• Dividend subject to member approval; payment within 30 days post-AGM.

Key Resolutions

• Adopt audited standalone financial statements for FY2025.
• Declare final dividend for FY2025-26.
• Re-appoint Sudershan Parakh as Director, retiring by rotation.
• Re-appoint CA Patel & Associates as Statutory Auditors for five years.
• Re-appoint Arihant Parakh as Managing Director for 25 Sep 2026 to 24 Sep 2029.

Directors & Officers

• Sudershan Parakh re-appointed as Director; retires by rotation.
• Arihant Parakh re-appointed as Managing Director (25 Sep 2026–24 Sep 2029).
• Remuneration: up to Rs 6 Lakh/month Year 1; escalating later.
• MD not liable to retire by rotation.

Auditors

• Statutory auditors: CA Patel & Associates re-appointed for five years.
• Remuneration: Rs 5 Lakhs per annum; up to 20% increase.