Tainwala Chemicals and Plastics (India) Ltd

Tainwala Chemicals and Plastics (India) Limited — Trading Window Closure from 1 October 2026 till the expiry of 48 hours after the declaration of Unaudited Financial Results for the quarter and half year ended 30 September 2026

Director/KMP changes

• Appointment of Alpesh Jagdishbhai Nayak as Non-Executive Independent Director for 5-year term (3 Sep 2026–2 Sep 2031).
• Not liable to retire by rotation for Alpesh Jagdishbhai Nayak.
• Not debarred from holding directorship by SEBI or authorities.
• Re-appointment of Ramesh Tainwala as Chairman and Managing Director for 5 years (9 Aug 2027–8 Aug 2032).
• Disclosure of relationships: Ramesh Tainwala is brother of Rakesh Tainwala.
• Continuation of directorship beyond age 70 for Ramesh Tainwala (on 8 Sep 2029).
• Re-appointment of Devendra Saligram Anand as Non-Executive Independent Director for 5 years (8 Aug 2027–7 Aug 2032).
• Not liable to retire by rotation for Devendra Saligram Anand.
• Re-appointment of Uday Ramniklal Mehta as Non-Executive Independent Director for 5 years (8 Aug 2027–7 Aug 2032).
• Not liable to retire by rotation for Uday Ramniklal Mehta.

Governance / Compliance

• AGM approved appointing SDBA & Co. as statutory auditors for five years from 3 Sep 2026 to 2031.

AGM Details

• AGM held on 3 September 2026 at 2:00 PM IST via VC/OAVM.
• Meeting concluded at 2:44 PM IST.
• Remote e-voting ran Aug 31–Sep 2, 2026; extended 15 minutes post-meeting.
• No proxies permitted due to VC/OAVM format.

Ordinary resolutions

• Adopt Audited Financial Statements for the year ended March 31, 2026.
• Appoint Rakesh Dungarmal Tainwala as Director, retiring by rotation.
• Appoint M/s SDBA & Co as Statutory Auditor.

Special resolutions

• Appoint Alpesh Jagdishbhai Nayak as Non-Executive Independent Director.
• Re-appoint Ramesh Tainwala as Chairman and Managing Director.
• Re-appoint Devendra Saligram Anand as Non-Executive Independent Director.
• Re-appoint Uday Ramniklal Mehta as Non-Executive Independent Director.
• Approve material related party transactions with Abhishri Packaging Private Limited.
• Contribute to charitable funds under Section 181 of the Companies Act, 2013.

Voting status / results

• Results will be submitted to stock exchanges and placed on the company's website.

Financial performance

• Revenue from operations: ₹1,783.31 Lakh, up from ₹1,641.70 Lakh.
• Total income: ₹3,106.77 Lakh; PAT: ₹1,078.53 Lakh.
• EPS (basic/diluted): ₹11.52.
• Interim dividend declared: ₹3 per share; final dividend not recommended.
• Net profit rose about 119% YoY to ₹1,078.53 Lakh.
• Retained earnings; no transfer to reserves.
• Net debt: ₹-2.82 Cr; gearing: -0.02x.

Operations & segments

• Segments: Plastic Sheets ₹436.65 L, Tradable Items ₹1,346.66 L.
• Segment results: Plastic Sheets ₹99.27 L; Tradable ₹30.25 L.
• Plant location: Khadoli, Silvassa.
• Outlook: PVC sheets growth from infrastructure and water projects.

Capital structure & shareholding

• Authorized share capital ₹14.0 Cr; paid-up ₹9.363 Cr.
• Issued equity shares: 93,63,863; par ₹10.
• Promoters hold ~67% via four entities: R. Tainwala 31.31%, Concept Reality 19.29%, Shobha 10.38%, Rajkumar 6.46%.
• 48% equity shares in demat form.
• No bonus, stock options, or buybacks in 2025-26.
• Outstanding related-party receivable: ₹391.16 L from Tainwala Holdings; loss allowance ₹391.16 L.
• Investments: Samsonite South Asia ₹5,903.43 L; Periwinkle ₹267.24 L; NSE ₹5,000 L.

Governance & compliance

• Board: 6 directors; 2 Execs, 3 Independents, 1 Non-Exec.
• Independent Directors: Barai, Mehta, Anand.
• Audit Committee: 4 members; Barai (Chair), Anand, Babel, Mehta.
• Nomination & Remuneration: 3 members; Barai Chair.
• Stakeholders Relationship: 3 members; Barai Chair.
• Statutory auditors to be SDBA & Co for 2026-31; recommended by Audit Committee.
• Secretarial Audit: GMJ & Associates; no qualifications.
• CEO/CFO certification filed; Code of Conduct compliance.

Risks & outlook

• Industry risk: overcapacity in plastic sheets; demand and margins fluctuate.
• Outlook: infrastructure, housing, water treatment drive PVC sheet demand.
• Risk management: commodity price volatility hedging framework.

CSR & sustainability

• CSR not applicable for FY2025-26.

AGM & other notices

• Forty-first AGM scheduled Sept 3, 2026; VC/OAVM; record date Aug 28, 2026.

AGM Details

• AGM scheduled for 3 September 2026 at 2:00 PM IST via VC/OAVM.
• Meeting conducted through VC/OAVM; registered office deemed the venue.
• Voting cut-off date for attendance and voting: 28 August 2026.

Ordinary Business

• Adopt audited financial statements for the year ended 31 March 2026.
• Re-appoint Rakesh Dungarmal Tainwala as Director on rotation.
• Appoint SDBA & Co as Statutory Auditors from AGM until the 46th AGM.

Special Resolutions

• Appoint Alpesh Jagdishbhai Nayak as Non-Executive Independent Director for five years from 3 Sep 2026 to 2 Sep 2031.
• Re-appoint Ramesh Tainwala as CMD for five years from 9 Aug 2027.
• Re-appoint Devendra Saligram Anand as Independent Director for a second five-year term.
• Re-appoint Uday Ramniklal Mehta as Independent Director for a second five-year term.
• Approve material related party transactions with Abhishri Packaging Private Limited up to INR 5 Crores.
• Approve donation of INR 50 Lakh to Central Hindu Military Education Society for FY 2026-27.