Appointment of Mr. Himmatlal Parshottambhai Bhuva (DIN: 00054580) as Managing Director of the Company for a Term of 3 Years commencing from 1st October, 2025 to 30th September, 2028.
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Polymechplast Machines Ltd has appointed Mr. Himmatlal Parshottambhai Bhuva (DIN: 00054580) as Managing Director for a 3-year term from 1st October 2025 to 30th September 2028. The appointment was approved by shareholders at the 38th AGM held on 25th September 2025, following board and NRC recommendation from 7th August 2025. Mr. Bhuva has been associated with the company since 1998 and is currently serving as Whole-Time Director — this is an internal elevation. He brings 35+ years of experience in plastic processing, injection and blow moulding machines. He holds 3,77,650 equity shares and is not debarred by SEBI or any statutory authority.
This is a leadership continuity event — an internal promotion of a long-serving Whole-Time Director to the MD role. Shareholders may view this positively as it brings experienced, institutional knowledge to the top post. No immediate material impact on stock price is expected from this routine governance change.