POLYPLEXNSEPolyplex Corporation Limited· PackagingLowNeutral
Announced Fri, 22 Aug · 18:26 IST

Polyplex Corporation Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 15, 2025

Board & Shareholder Meetings View source PDF

POLYPLEX · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Polyplex Corporation has scheduled its 40th Annual General Meeting on Monday, September 15, 2025, at 4:00 PM, to be held virtually via video conferencing. Key items on the agenda include adoption of FY25 audited financial statements (standalone and consolidated), declaration of a final dividend of ₹4.50 per equity share (face value ₹10), and re-appointment of Mr. Sanjiv Saraf, who retires by rotation. On top of the ₹9 interim dividend already paid in November 2024, the total dividend for FY25 works out to ₹13.50 per share (135%). The notice also seeks shareholder approval to ratify the appointment of M/s Sanjay Gupta & Associates as Cost Auditors for FY26 (fee of ₹4.15 lakh) and to appoint M/s RSM & Co. as Secretarial Auditors for a five-year term starting FY26 (fee of ₹2.60 lakh for the first year). The remote e-voting window is September 12–14, 2025, with the cut-off date set as September 8, 2025.

Likely market impact

Eligible shareholders on the record date (September 15, 2025) will receive the final dividend of ₹4.50 per share, bringing FY25 total dividend to ₹13.50 per share, a healthy signal on cash returns. The meeting covers routine items, so the stock is unlikely to see any sharp reaction, though a steady dividend payout is a positive for income-focused investors.