Meeting Details

The 44th Annual General Meeting will be held on Monday, September 7, 2026 at 3:30 PM at 'Shantivan Resort', Atul-Valsad Road, Vashiyar, Valsad-396001, Gujarat, India.

Ordinary Business

1. To receive, consider and adopt:

  • Audited standalone financial statements for FY2025-26 with Reports of Board of Directors and Auditors
  • Audited consolidated financial statements for FY2025-26 with Report of Auditors

2. To appoint a director in place of Mr. Ravi Amulbhai Mehta (DIN: 09220091) who retires by rotation and offers himself for re-appointment

Special Business

Item 3: Revision in remuneration of Mr. Jaymin B. Desai, Managing Director

  • Special Resolution required
  • Effective June 1, 2026 for remaining tenure (until September 30, 2027)
  • Revised monthly remuneration:
  • Basic Salary: ₹9,89,218 with annual increments of 7-10%
  • Leave Travel Allowance: ₹1,00,000 with annual increments of 7-10%
  • Medical Allowance: ₹1,00,000 with annual increments of 7-10%
  • Other Allowance: ₹4,83,336 with annual increments of 7-10%
  • PF contribution: 12% of basic salary
  • Super Annuation Fund: 15% of basic salary
  • Additional perquisites not included in remuneration ceiling:
  • Gratuity at half month's salary per completed year
  • Encashment of un-enjoyed leave
  • FY2025-26 gross remuneration: ₹129.89 lakh
  • Rationale: Increased scale post-merger with Kunal Plastics Private Limited (NCLT approval dated May 14, 2026)

Item 4: Revision in remuneration of Mr. Atul Baijal, Whole-time Director

  • Special Resolution required
  • Effective June 1, 2026 for remaining tenure (until February 10, 2027)
  • Revised monthly remuneration:
  • Basic Salary: ₹5,41,667
  • Leave Travel Allowance: ₹19,175
  • Medical Allowance: ₹19,175
  • PF contribution: 12% of basic salary
  • Super Annuation Fund: 15% of basic salary
  • NPS contribution: 10% of basic salary
  • FY2025-26 gross remuneration: ₹69.97 lakh

Item 5: Revision in remuneration of Mr. Aditya Nitinkumar Patel, Whole-time Director

  • Special Resolution required
  • Effective June 1, 2026 for remaining tenure (until May 31, 2027)
  • Revised monthly remuneration:
  • Basic Salary: ₹2,26,400 with annual increments of 7-15%
  • House Rent Allowance: ₹52,280 with annual increments of 7-15%
  • Conveyance Allowance: ₹15,540 with annual increments of 7-15%
  • Leave Travel Allowance: ₹13,226 with annual increments of 7-15%
  • Medical Allowance: ₹6,600 with annual increments of 7-15%
  • PF contribution: 12% of basic salary
  • Super Annuation Fund: 15% of basic salary
  • FY2025-26 gross remuneration: ₹26.96 lakh

Item 6: Revision in remuneration of Mr. Ravi Amulbhai Mehta, Whole-time Director

  • Special Resolution required
  • Effective June 1, 2026 for remaining tenure (until May 31, 2027)
  • Revised monthly remuneration:
  • Basic Salary: ₹3,20,200 with annual increments of 7-15%
  • House Rent Allowance: ₹1,33,000 with annual increments of 7-15%
  • Conveyance Allowance: ₹5,550 with annual increments of 7-15%
  • Leave Travel Allowance: ₹22,000 with annual increments of 7-15%
  • Medical Allowance: ₹5,270 with annual increments of 7-15%
  • Education Allowance: ₹3,200 with annual increments of 7-15%
  • Hostel Education Allowance: ₹9,550 with annual increments of 7-15%
  • PF contribution: 12% of basic salary
  • Super Annuation Fund: 15% of basic salary
  • NPS contribution: 10% of basic salary
  • FY2025-26 gross remuneration: ₹34.93 lakh

Item 7: Ratification of Remuneration of Cost Auditors

  • Ordinary Resolution
  • M/s Kishore Bhatia & Associates, Cost Accountants (Firm Registration Number: 00294)
  • Remuneration: ₹2,50,000 plus applicable taxes and out-of-pocket expenses for FY2026-27

Financial Performance

| Particulars | FY2024-25 (₹ in lakh) | FY2025-26 (₹ in lakh) |

| Turnover | 20,778.26 | 22,108.23 |

| Net Profit | 1,377.01 | 1,198.12 |

| Dividend Paid | - | - |

Record Date and Share Transfer

  • Register of Members and Share Transfer books closed from August 31, 2026 to September 7, 2026
  • Cut-off date for e-voting: August 31, 2026

E-Voting Details

  • Remote e-voting period: September 4, 2026 (9:00 AM) to September 6, 2026 (5:00 PM)
  • E-voting service provider: Central Depository Services (India) Limited (CDSL)
  • Physical voting at AGM through ballot paper

Scrutinizer Appointment

  • Mr. P.N. Parikh (FCS 327, CP 1228) of Parikh & Associates appointed as scrutinizer
  • Alternate scrutinizers: Mr. Mitesh Dhabliwala (FCS 8331, CP 9511) and Ms. Sarvari Shah (FCS 9697, CP 11717)

Additional Information

  • No foreign investments or collaborations
  • Industry: Plastics Manufacturing
  • Company established in 1982
  • Documents available for inspection at registered office during working hours
  • Annual Report available on company website: www.ecoplastindia.com