Proceedings of 39th Annual General meeting of Bisil Plast Limited held today i.e, 27th September 2025

Bisil Plast Limited held its 39th AGM on 27th September 2025 via video conferencing from 12:00 PM to 12:21 PM, with 35 public shareholders present out of 46,322 total shareholders. Members approved the audited financial statements for FY ending 31st March 2025, re-appointed Mr. Jagdip Panachand Vora as a director, and appointed Mr. Ravikumar Kirtibhai Patel as Managing Director. The meeting also cleared a proposal to raise up to Rs. 99 crore through a Qualified Institutions Placement (QIP) and raised the FPI/FII shareholding limit to 49% of paid-up equity capital. Additionally, shareholders approved new powers for the company to give loans, guarantees, and make investments under Sections 185 and 186 of the Companies Act. Notably, the statutory auditors issued a qualified opinion on FY25 financials, though the secretarial audit report had no qualifications.