Promact Plastics Limited has disclosed the outcomes of its 42nd Annual General Meeting held on September 14, 2026, where shareholders approved several appointments.

Key Approvals

  • Appointment of M/s. Kashyap R. Mehta & Partners, Practising Company Secretaries as Secretarial Auditors of the Company for a term of five consecutive years commencing from financial year 2026-27 to 2030-31.
  • Appointment of Mr. Prakashchandra D. Patel (DIN: 11845046) as a Non-Executive Independent Director of the Company for a term of five consecutive years from 29th July, 2026 to 28th July, 2031.
  • Appointment of Mr. Babubhai H. Patel (DIN: 11850954) as an Independent Director of the Company for a term of five consecutive years from 29th July, 2026 to 28th July, 2031.

Secretarial Auditor Details

Firm: M/s. Kashyap R. Mehta & Partners, Practising Company Secretaries

FRN: P2025GJ106000

Peer Reviewed Certificate No.: 6827/2025

Reason for Appointment: Compliance with amended Regulation 24A of SEBI LODR Regulations, 2015 and provisions of Section 204 of the Companies Act and Rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

Brief Profile: The firm is a partnership of Practising Company Secretaries based in Ahmedabad, Gujarat, India, delivering integrated legal & advisory services in Corporate & Allied Laws, Capital Markets and Corporate Governance. Yash K. Mehta, Managing Partner has over 15 years of post-qualification experience.

Independent Director Profiles

Mr. Prakashchandra D. Patel:

  • Seasoned finance and banking professional with 39 years of experience (33 years in banking, 6 years accounting experience in calico mills)
  • Shareholding: NIL
  • Not related to any Director/KMP
  • Not debarred from holding director office by any SEBI order or authority

Mr. Babubhai H. Patel:

  • 56 years total experience in banking and finance (38 years in nationalized bank from Clerk to Manager, 18 years as Manager in Co-Operative bank)
  • Entire knowledge related to bank, finance and audit
  • Shareholding: NIL
  • Not related to any Director/KMP
  • Not debarred from holding director office by any SEBI order or authority