Swashthik Plascon Ltd

Swashthik Plascon Ltd — Trading window closed from Oct 01, 2026 until 48 hours after communication of the half-year 2026 results (half year ended Sept 30, 2026).

agm details

• Date and time: 23 September 2026, 02:30 PM, physical AGM in Puducherry.
• Record date: 16 September 2026.
• Total shareholders on record: 1014.
• Seven resolutions proposed; all passed with requisite majority.

key resolutions and outcomes

• Adoption of annual accounts (Ordinary) – passed.
• Re-appointment of Parasmal Ravindra Kumar (DIN 00666885) – ordinary – passed.
• Approval of RPT with Swashtik Preforims Private Limited – passed (Special).
• Approval of RPT with Swashtik Industries – passed.
• Approval of RPT with Swashtik PET Packaging – passed.
• Approval of RPT with Swashtik Paalaghad PET Bottle – passed.
• Approval of RPT with Swashtik Poliemers – passed.
• Some votes by related parties marked invalid; overall majority maintained.

dividend status

• No dividend declared or proposed.

AGM details

• Date/time: 23 Sep 2026, 2:30 PM; mode: physical AGM with e-voting
• Record date: 16 Sep 2026; shareholders on record: 1014

Resolutions and outcomes

• Adoption of annual accounts: ordinary resolution; passed with required majority
• Re-appointment of Parasmal Ravindra Kumar: ordinary resolution; passed
• RPT with SWASHTHIK PREFORMS PRIVATE LIMITED: approved; interested votes invalid
• RPT with SWASHTHIK INDUSTRIES: approved; interested votes invalid
• RPT with SWASHTHIK PET PACKAGING: approved; 78,91,277 invalid shares
• RPT with PAALAGHAD PET BOTTLE: approved; interested votes invalid
• RPT with SWASHTHIK POLIEMERS: approved; interested votes invalid

Director changes

• Re-appointment of Parasmal Ravindra Kumar as director; retiring director; ordinary resolution passed

Related party transactions

• Counterparties: SWASHTHIK PREFORMS PRIVATE LIMITED; SWASHTHIK INDUSTRIES; SWASHTHIK PET PACKAGING; PAALAGHAD PET BOTTLE; SWASHTHIK POLIEMERS
• Nature: related party transactions approvals; no disclosed monetary values

AGM Details

• Date and time: 23 September 2026, 02:30 PM IST.
• Mode: physical AGM with remote e-Voting facility.
• Venue: No. A75-A76, Pipdic Electronic Park, Puducherry.
• Remote e-Voting window: 20 Sep 2026 09:00 IST to 22 Sep 2026 17:00 IST.
• Ballot papers available at meeting for non-online voters.
• Notice and financial statements circulated to members and directors.

Resolutions and voting status

• Ordinary: Adoption of Audited Annual Financial Statements for FY 2025-26 — status: to be announced.
• Ordinary: Re-appointment of Parasmal Ravindra Kumar — status: to be announced.
• Special: Approval of related party transactions with SWASHTHIK PREFORMS PRIVATE LIMITED — status: to be announced.
• Special: Approval of related party transactions with SWASHTHIK INDUSTRIES — status: to be announced.
• Special: Approval of related party transactions with SWASHTHIK PET PACKAGING — status: to be announced.
• Special: Approval of related party transactions with PAALAGHAD PET BOTTLE — status: to be announced.
• Special: Approval of related party transactions with SWASHTHIK POLIEMERS — status: to be announced.

Director changes

• Re-appointment of Parasmal Ravindra Kumar as retiring director.

Transaction details

• Target: SWASHTHIK PLASCON LIMITED.
• Disclosing Party: Acquirer A. Anita; PACs C to J; promoter group.
• Action: Acquisition of equity shares through open market.
• Pre-Transaction Voting Rights: 94,58,077 shares (48.58%).
• Pre-Transaction encumbrances: 0.28%.
• Pre-Transaction warrants/convertibles: 1,52,000 shares (0.78%).
• Post-Transaction Voting Rights: 96,10,077 shares (49.36%).
• Date(s) of transactions: 17-09-2026 and 21-09-2026.
• Equity share capital before/after: 1,94,67,995 shares.
• Mode: Purchase of equity shares from open market.
• Total diluted share/voting capital after transaction: Not Applicable.

Transaction summary

• Target Company: SWASHTHIK PLASCON LIMITED.
• Disclosing Party: Acquirers A. Anita; B. Asha Jain; C. Ayushh; D. Dharmendra Kumar P; PACs E, F, G, H, I.
• Promoter group: Yes for all acquirers and PAC.
• Transaction Type: Acquisition of equity shares via open market.
• Pre-transaction voting rights: A 12,26,000; B 43,200; C 96,000; D 56,000.
• Pre-transaction PAC voting rights: 63,90,644; 90,66,077.
• Post-transaction voting rights: A 14,22,800; B 13,94,633; C 1,44,000; D 1,06,000.
• Post-transaction PAC voting rights: 63,90,644.
• Total post-transaction voting rights: 94,58,077 shares (48.58%).
• Mode: Purchase of equity shares from Open Market.
• Dates: 25-08-2026; 08-09-2026; 11-09-2026.
• Equity share capital before/after: 1,94,67,995 shares.
• Total diluted share capital: Not Applicable.

Transaction overview

• Target Company: SWASHTHIK PLASCON LIMITED.
• Disclosing Parties: A. Shreyans Mehta, Simran Sureshchand PAC, D Arihanth Mehta, Sujata Mehta; not promoter group.
• Transaction Type: Sale of equity shares (open market).
• Pre-Transaction Holding: 4,76,800 shares (2.45%).
• Transaction Details: 9,27,799 equity shares sold via open market on multiple dates.
• Post-Transaction Holding: 9,28,399 shares (approx 4.76%).
• Dates: 5 Aug 2026; 5 Aug 2025; 10 Aug 2026; 26 Aug 2026; 31 Aug 2026; 2025.
• Pre-Transaction Equity Capital: 1,94,67,995 shares.
• Post-Transaction Equity Capital: 1,94,67,995 shares.

Standalone financials

• Revenue from operations: 5033.66 Lakhs.
• Total revenue: 5275.10 Lakhs.
• Profit after tax: 613.35 Lakhs.
• Profit before tax: 685.89 Lakhs.
• Standalone EPS: 3.15.

Consolidated performance

• Consolidated revenue from operations: 15339.33 Lakhs.
• Consolidated total revenue: 15389.94 Lakhs.
• Consolidated PAT: 804.29 Lakhs.
• Consolidated EPS: 4.13.
• Consolidated cash flow from operations: 3352.00 Lakhs.

Dividend and capital allocation

• Dividend not declared for FY2025-26.
• No transfer to reserves during the year.
• Equity share capital remained unchanged at 1,946.80 Lakhs.

Related party transactions

• RPT with Swashth Preforms Pvt Ltd up to Rs 60 crore for 2026-27.
• RPT with Swashth Industries up to Rs 60 crore for 2026-27.
• RPT with Swashth Pet Packaging: rent up to Rs 10 crore, materials Rs 5 crore, finished goods Rs 30 crore.
• RPT with Paalaghad Pet Bottle: sale of finished goods up to Rs 20 crore.
• RPT with Swashthik Poliemers: sale/purchase up to Rs 50 crore; lease Rs 2.16 crore.

Audit and governance

• Statutory audit: PSDY & Associates.
• Internal audit: MP Singh & Co.
• Secretarial audit: Dilip Swarnkar & Associates.
• Auditors’ reports: no qualifications reported.
• Internal controls: adequate and effective.

CSR and sustainability

• CSR committee formed; policy on website.
• CSR expenditure: Rs 11.10 Lakhs in 2025-26.
• CSR obligation for year: Rs 10.94 Lakhs.
• CSR policy accessible at company website.

Subsidiaries and group

• Swashth Preforms Pvt Ltd is a 100% subsidiary.
• Group includes Swashthik Industriees and Swashthik Poliemers as associates.

Governance and controls

• Board: 6 meetings; Audit: 6; Nomination: 1; Stakeholders: 1.

Board decisions and AGM actions

• Approved Directors' report for the financial year ended 31 March 2026.
• Approved the AGM notice for 23 September 2026 at 2:30 PM in Puducherry.
• Appointed Dilip Swarnkar & Associates as Scrutinizer for e-voting and ballot papers.
• Fixed AGM cut-off date for voting/attendance as 16 September 2026.