Announced Tue, 29 Jul · 13:01 IST

Appointment of Secretarial Auditor

Promoter Family Board EntryManagement Changes View source PDF

Price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

National Plastic Technologies reported Q1 FY26 (ended June 30, 2025) standalone total income of Rs 7,407.61 lakhs, up about 7.9% from Rs 6,868.45 lakhs in Q1 FY25. Net profit after tax rose to Rs 222.35 lakhs (Rs 208.52 lakhs last year), with EPS of Rs 3.66 vs Rs 3.43. The Board appointed M/s. P Muthukumaran & Associates as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30), subject to shareholder approval. Mr. Venkatesan N was reappointed as Executive Director for another three years from April 12, 2026. Mrs. Manju Parakh declined reappointment as Non-executive Director, and Mr. Alok Parakh has been recommended in her place, pending shareholder approval at the AGM.

Likely market impact

Modest year-on-year growth in revenue and profit with margins largely steady; routine governance changes are unlikely to move the stock, though the Parakh-family board succession may be noted by investors tracking promoter composition.