Plastiblends India Limited has informed the Exchange regarding Outcome of Board Meeting held on April 27, 2026, approving re-appointment of director retiring by rotation, re-appointment of Vice-Chairman & Managing Director, subject to approval of shareholders in the ensuing AGM.
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Plastiblends India Limited reported audited FY2026 results with revenue of Rs. 78,866 Lakhs (up 1.05% YoY), PAT of Rs. 3,669 Lakhs (up 9.71% YoY), and EBITDA margin at 8.38% (improved by 51 bps). Q4 FY26 showed strong performance with PAT up 44.85% YoY. The Board recommended dividend of Rs. 3 per share (60%) compared to Rs. 2.50 (50%) last year. Mr. Varun S. Kabra was re-appointed as director retiring by rotation and also as Vice-Chairman & Managing Director for 5 years from August 1, 2026, both subject to shareholder approval at the ensuing AGM. Cost auditors (M/s Urvashi Kamal Mehta & Co.) and Internal auditors (M/s Chhajed & Doshi) were appointed for FY2026-27.
The company delivered improved profitability with margin expansion despite modest revenue growth. The re-appointment of Varun S. Kabra (son of CMD Satyanarayan G. Kabra) as Vice-Chairman & Managing Director indicates continuity in promoter family leadership. Dividend increase signals confidence in financial health.