Noble Polymers Ltd

AGM details

• Date/time/mode: 30 Sep 2026, 1:00 PM IST, at Registered Office (physical).
• Remote e-voting via CDSL from 27 Sep to 29 Sep 2026.
• Record date for dividend announced.

Key resolutions

• Adoption of Audited Standalone Financial Statements for FY2025-26.
• Declaration of final dividend on equity shares.
• Re-appointment of director retiring by rotation.
• Appointment of Director (name withheld) as Director liable to rotation.
• Appointment of Director (name withheld) as Whole-time Director.
• Appoint as Whole-time Executive Director for five-year term.
• Second Director appointed as Whole-time Executive Director for five-year term.
• Loans/guarantees/securities/investments approved under specified limits.
• Related party transactions with a related party up to threshold; related parties abstained.
• Borrowing limits increased under Section 180(1)(c).
• Creation of charge on assets under Section 180(1)(a) up to threshold.
• Consolidation of equity shares and alteration of MOA.

Voting results

• All 12 items passed with the requisite majority.
• RPT item had related parties abstaining.

Dividend details

• Final dividend declared on equity shares.
• Aggregate amount and per-share details not disclosed in this summary.
• Dividend payable by date announced.

Director changes

• Directors appointed; two as Whole-time Directors; one re-appointed.
• Directors designated as Executive Directors for multi-year terms.

Capital structure and MOA

• Share consolidation approved; face value adjusted; post-consolidation equity count updated.
• MOA Clause V amended; ISIN to be updated.

Audit and governance

• Auditors' and Secretarial Audit Reports for FY2025-26 had no qualification.

Book closure and dividend details

• Register of Members and Share Transfer Books closed 26 Sep 2026 to 30 Sep 2026 (inclusive).
• 32nd AGM scheduled for 30 Sep 2026.
• Final dividend of ₹0.05 per equity share (face ₹5) for FY ended 31 March 2026.
• Record date for entitlement is 25 Sep 2026.
• Dividend payment by 29 Oct 2026 to eligible members.
• Notice of book closure to be published in English national daily and Gujarati paper in Ahmedabad.

Noble Polymers Ltd closes trading window from 03 September 2026 until 48 (forty-eight) hours after the aforesaid price sensitive information is made public in relation to the 8 September 2026 board meeting to consider final dividend for FY ended 31 March 2026 and the proposed consolidation of equity shares from ₹5 to ₹10.

Meeting Details

• Date: 8 September 2026; Time not disclosed; Venue: Registered Office, 3rd Floor Sundaram Complex, Gurukul Road, Memnagar, Ahmedabad.

Key Agenda Items

• Consider and approve Board Report for FY ended 31 March 2026, with annexures.
• Recommend final dividend of ₹0.05 per equity share for FY ended 31 March 2026, subject to AGM.
• Fix day, date, time and venue of the 32nd AGM.
• Approve Notice of 32nd AGM with Explanatory Statement and annexures.
• Fix dates for Register of Members and Share Transfer Books closure; cut-off for remote e-voting.
• Approve appointment of Mahesh Alabhai Odedra and Hiren Rambhai Odedra as Executive Directors.
• Consolidation of equity shares from ₹5 to ₹10, 2-for-1, and MOA capital-clause alteration.
• Appoint Scrutinizer for remote e-voting; note Audit and Nomination & Remuneration Committee recommendations.

Other Notes

• Trading window closed for all designated persons and their immediate relatives, as intimated separately.

Financial results and auditor report

• Board approved unaudited standalone results for quarter ended June 30, 2026, with the statutory auditor's limited review report.

Open offer details and outcome

• Open offer was made to acquire up to 22,76,406 equity shares at Rs 5 each.
• The offer represents 26.00% of Noble Polymers' Emerging Voting Share Capital.
• Acquirers are Mr. Mahesh Alabhai Odedra and Mr. Hiren Rambhai Odedra.
• Open offer opened on July 10, 2026 and closed on July 23, 2026.
• Total consideration payable and payment completion: August 6, 2026.
• Tendered shares: 4,820 were validly tendered and accepted.
• Post-Open Offer holdings: Acquirers hold 22,81,220 equity shares in dematerialised form.
• Manager to the offer: Kunvarji Finstock Private Limited.
• Registrar to the offer: Purva Sharegistry (India) Private Limited.
• Post Offer Advertisement date: August 13, 2026.

Meeting Details

• Date: August 14, 2026; time not disclosed; at the Registered Office.

Key Agenda Items

• Audited standalone and consolidated financial results for quarter ended June 30, 2026 to be considered and approved.

Other Notes

• Trading window closed from July 1, 2026 until 48 hours after the results declaration.

Corporate Actions

• Allotment of 22,76,400 equity shares at Rs 5 to proposed promoters on a preferential basis.
• Allotment of 2,34,75,735 fully convertible warrants at Rs 5 each on a preferential basis.
• Upfront payment of 25% of warrant consideration received (Rs 2.93 crore).
• Warrants exercisable in 18 months from allotment.
• Equity shares allotted to promoter Mahesh Alabhai Odedra and promoter Hiren Rambhai Odedra; total 22,76,400.
• Warrants allocated to promoter and non-promoter investors totaling 2,34,75,735.

Noble Polymers Open Offer Corrigendum

• Open offer to acquire up to 22,76,406 equity shares (26% of voting capital) of Noble Polymers Ltd, cash.
• Offer price fixed at Rs 5 per share; no revision.
• IDC recommended the offer as fair and reasonable under SEBI SAST.
• Offer not a competing bid per Regulation 20 of SEBI SAST.
• LoF dispatched July 3, 2026; electronic and physical copies circulated to public shareholders.
• CIN changed to L66120GJ1994PLC022429; Registered Office details updated in LOF.
• Risk factors updated including withdrawal rights, oversubscription risk, and future performance.
• Directorship details updated; pre/post shareholding patterns revised in LOF.
• Identified Date for LOF eligibility: June 23, 2026; Tendering July 8–21, 2026.