Outcome of AGM-Summary of Proceedings of 36th AGM
Price
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Awaiting price reaction for this filing.
National Plastic Technologies Ltd held its 36th AGM on September 11, 2025, at Chennai from 10:30 AM to 11:05 AM. All 6 resolutions were passed with the requisite majority, with 210 members present in person. Key items approved include the audited financial statements for FY ending March 31, 2025, a final dividend of Rs.1.50 per equity share (15%), and the appointment of new secretarial auditors for 5 years. Shri Venkatesan N was reappointed as Executive Director for 3 years effective April 12, 2026, and Mr. Alok Parakh was appointed as Non-executive Director. Smt. Manju Parakh, who retired by rotation, was not re-appointed and the resulting vacancy will not be filled. Audit and Secretarial Audit reports contained no qualifications or adverse remarks. Voting results are to be submitted to the exchange within 48 hours.
A routine AGM outcome with no contentious issues. The Rs.1.50 dividend and clean audit reports are positive for shareholders, while the unrelated non-filling of a retiring director's vacancy reflects board composition changes. No material price-moving surprises.