RE-APPPOINTMENT OF MR, VIPUL DESAI FOR TERM OF 5 YEARS WEF 12-02-2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shareholders of National Plastic Industries Limited have approved the re-appointment of Mr. Vipul Desai as an Independent Director for a second term of 5 years, effective from February 12, 2026. The resolution was passed as a Special Resolution through a Postal Ballot process conducted between March 12 and April 10, 2026. Out of 29,39,694 votes cast, an overwhelming 99.9989% voted in favor (29,39,662 votes) with only 32 votes against. The scrutineer's report confirms the resolution was passed with the requisite majority under the Companies Act, 2013.
This is a routine corporate governance matter. The near-unanimous shareholder approval indicates strong confidence in the director's continued contribution. No immediate impact on stock price expected, though it maintains board stability.