Announced Wed, 30 Sept, 2026 · 18:34 IST

40th AGM results: all 3 resolutions passed with over 99.9 percent approval

Board & Shareholder Meetings View source PDFExplain this filing

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Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+2.4% vs market
Plastic Products - Industrial peers, median of 44sector-1.2%+2.3% vs sector

By the next day the stock moved 2.4 pts more than Nifty Microcap 250 and 2.3 pts more than its Plastic Products - Industrial peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Kunststoffe Industries held its 40th AGM on Sep 29, 2026. All 3 resolutions passed with over 99.9 percent votes in favor: (1) adoption of audited FY2026 standalone financial statements (99.99 percent), (2) re-appointment of Mr. Pravin V. Sheth as Director retiring by rotation (99.92 percent), and (3) his continuation as Non-Executive Non-Independent Director via special resolution (99.92 percent). Out of 13,151 total shareholders on record date, only 6 promoters and 31 public shareholders attended in person.

Likely market impact

Routine AGM business concluded with overwhelming shareholder support. No material changes to board or operations. Neutral to stock.