Polyplex Corporation Limited conducted its 41st Annual General Meeting (AGM) on Tuesday, September 8, 2026, from 1600 hours to 1712 hours IST through Video Conferencing (VC). The meeting was convened pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Voting Process and Participation

Remote e-voting was conducted from September 5, 2026 (9:00 a.m. IST) to September 7, 2026 (5:00 p.m. IST). Instapoll voting was conducted during the AGM. The total number of shareholders on the record date (September 1, 2026) was 92,195.

Attendance:

  • 42 shareholders attended via Video Conferencing (8 Promoters/Promoter Group, 34 Public)
  • 135 shareholders voted through remote e-voting (8 Promoters/Promoter Group, 127 Public)
  • 8 shareholders voted through Instapoll at AGM (all Public)

Resolution Details

Resolution 1: Adoption of Financial Statements

  • Type: Ordinary Resolution
  • Purpose: Adoption of (a) Standalone Audited Financial Statements for FY ended March 31, 2026, with Reports of Auditors and Directors; and (b) Consolidated Audited Financial Statements for FY ended March 31, 2026, with Report of Auditors
  • Voting Results:
  • Total votes polled: 1,78,70,182 shares (56.9251% of outstanding shares)
  • Votes in favor: 1,78,70,031 (99.9992%)
  • Votes against: 151 (0.0008%)
  • 1 shareholder abstained from voting (18,364 shares)
  • Outcome: Resolution passed with requisite majority

Resolution 2: Declaration of Final Dividend

  • Type: Ordinary Resolution
  • Purpose: Declaration of Final Dividend of ₹1 per equity share for FY 2025-26
  • Voting Results:
  • Total votes polled: 1,78,88,546 shares (56.9836% of outstanding shares)
  • Votes in favor: 1,78,88,383 (99.9991%)
  • Votes against: 163 (0.0009%)
  • No shareholders abstained
  • Outcome: Resolution passed with requisite majority

Resolution 3: Re-appointment of Director

  • Type: Ordinary Resolution
  • Purpose: Re-appointment of Mr. Iyad Malas (DIN: 10381216) as Director liable to retire by rotation
  • Voting Results:
  • Total votes polled: 1,78,88,546 shares (56.9836% of outstanding shares)
  • Votes in favor: 1,78,13,809 (99.5822%)
  • Votes against: 74,737 (0.4178%)
  • Notable opposition from Public Institutions: 74,556 votes against (0.7848% of their votes)
  • No shareholders abstained
  • Outcome: Resolution passed with requisite majority

Resolution 4: Remuneration of Cost Accountants

  • Type: Ordinary Resolution
  • Purpose: Approval and ratification of remuneration payable to M/s. Sanjay Gupta & Associates, Cost Accountants (Firm Registration No. 000212) for FY 2026-27
  • Voting Results:
  • Total votes polled: 1,78,88,546 shares (56.9836% of outstanding shares)
  • Votes in favor: 1,78,88,389 (99.9991%)
  • Votes against: 157 (0.0009%)
  • No shareholders abstained
  • Outcome: Resolution passed with requisite majority

Additional Information

  • As of cut-off date (September 1, 2026), 2,600 equity shares were in "Polyplex Corporation Limited-Unclaimed Suspense Account" and 2,92,231 equity shares were registered with "Investor Education and Protection Fund Authority, Ministry of Corporate Affairs" - voting rights frozen pursuant to Regulation 39(4) read with Schedule VI of SEBI (LODR) Regulations, 2015
  • Scrutinizer's report was prepared by Mr. Ravi Sharma, Partner, RSM & Co. Company Secretaries
  • The company sent AGM Notice and Annual Report by electronic mode (e-mail) on August 14, 2026
  • Advertisements were published in Business Standard (all editions) and Uttar Ujala (Nainital edition) on August 15, 2026