Sub: Outcome of Board Meeting held on 30-05-2025 Ref: Regulation 33(3) of SEBI (LODR) Regulations 2015 Unit: Deccan Polypacks Limited (Scrip Code:531989) With reference to the ....
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The Board of Deccan Polypacks met on 30 May 2025 and approved the audited financial results for the financial year ended 31 March 2025, along with noting the Audit Report. Mr. Arihant Jain was appointed as an Additional Non-Executive Independent Director for a five-year term effective the same date. The Board also appointed Mr. VBSS Prasad, a Practicing Company Secretary with over 20 years of experience, as Secretarial Auditor for a five-year term covering FY 2025-26 to FY 2029-30. Following the change in management, the Audit Committee, Share Transfer Committee, Nomination & Remuneration Committee, and Risk Management Committee were reconstituted. Additionally, the Board approved a one-time write-off of Rs 93,45,266.50 relating to sundry debtors credit balance in the books.
The filing is largely procedural — covering FY25 results approval, governance refresh via a new independent director and committee reconstitution, and a minor one-time write-off of about Rs 93.45 lakhs. Specific financial numbers are not disclosed in this outcome, so there is no direct read-across to earnings or stock price from this filing alone.