Mitsu Chem Plast 38th AGM on July 31, 2026; final dividend Rs 0.20 per share
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Mitsu Chem Plast 38th AGM on July 31, 2026 at 3:30 PM via video conferencing. Final dividend of Rs 0.20 per share for FY26 (record date July 24). Items include adoption of audited results, appointment of Independent Director Mr. Ajit Venugopalan, change in designation of Mr. Jagdish Dedhia to Non-Executive Chairman, higher pay (up to Rs 200 lakhs plus 1 percent commission) for MDs Mr. Sanjay and Mr. Manish Dedhia, and raising borrowing limit from Rs 200 crores to Rs 500 crores.
Final dividend of Rs 0.20 per share benefits all shareholders. Resolutions on higher director pay and a bigger borrowing limit (raised to Rs 500 crores) suggest expansion plans.