Acquisition/ Incorporation of WOS~ The disclosure under Regulation 30 of SEBI (LODR ) Regulations 2015 is attached for reference.
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G M Polyplast Limited's Board, at its meeting on February 9, 2026, approved the incorporation of a new Wholly Owned Subsidiary in India. The proposed WOS will have an authorized capital of ₹10 lakh and will be 100% subscribed by G M Polyplast at face value in cash. The new entity will operate in the same line of business — manufacturing, processing, compounding, recycling, and trading of plastic granules and polymer compounds. Mr. Dinesh Sharma will hold 1 equity share as registered owner on behalf of the company. The WOS is yet to be incorporated, with the name and date subject to approval from the Registrar of Companies and other relevant authorities.
This is a small, early-stage corporate action in the same core business (plastic granules) and is unlikely to materially impact financials in the short term. It signals management's intent to expand or ring-fence a specific business activity under a separate entity, which could support future growth but offers no immediate upside to shareholders.