Event Summary
National Plastic Technologies Ltd held its 37th Annual General Meeting on September 21, 2026. The meeting was conducted from 10:15 AM to 10:55 AM IST at Arihant Hall, 47, Madras Hotel Ashoka, Pantheon Road, Egmore, Chennai-600008.
Meeting Attendance and Proceedings
The AGM had 179 members present in person with no proxies. Mr. Hemant Chordia, Chairman, presided over the meeting. The meeting confirmed that quorum requirements were met. Representatives of both the statutory auditors and secretarial auditors were present at the meeting.
Key Resolutions Passed
All resolutions were passed with requisite majority. The following business was transacted:
Ordinary Business:
- Adoption of Audited Financial Statements as on 31.03.2026, including Board's Report and Auditor's Report
- Declaration of final dividend of ₹1.50 per equity share (15%) for the year ended 31.03.2026
- Reappointment of Shri Sudershan Parakh as Director who retired by rotation
Special Business:
- Reappointment of M/s. CA Patel & Associates, Chartered Accountants, as Statutory Auditors for a period of 5 years from the conclusion of the 37th AGM until the conclusion of the 42nd AGM
- Reappointment of Mr. Arihant Parakh (DIN: 07933966) as Managing Director for a period of 3 years effective from September 25, 2026, including approval of his remuneration (Special Resolution)
Additional Information
The Chairman informed that the Auditor's Report and Secretarial Auditor's Report contained no qualifications or adverse remarks. M/s. Shreyans Parakh & Co, Chartered Accountants, were appointed as Scrutinizer for the meeting. The consolidated results of remote e-voting and ballot paper voting will be published to the stock exchange within 48 hours of the meeting conclusion.