AGM results: Dividend, share consolidation, new directors and higher borrowing limits approved
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On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 1.9 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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Noble Polymers held its 32nd AGM on 30 Sept 2026; all 12 resolutions passed. Key items: FY26 financials adopted, final dividend declared, Mahesh and Hiren Odedra appointed as Executive Directors, share consolidation from Rs5 to Rs10 face value, higher borrowing limits approved, and related party transactions up to Rs100 crore cleared. Voting turnout was low at about 6 percent.
Shareholders cleared a dividend, share consolidation from Rs5 to Rs10 face value, higher borrowing limits, and Rs100 crore related party deals.