Commercial Syn Bags has set September 22, 2026 as the record date to determine eligibility for its final dividend of ₹0.50 per share. The company will hold its 42nd Annual General Meeting (AGM) on September 29, 2026.

The announcement was made pursuant to Regulation 42 of the SEBI (LODR) Regulations, 2015. Shareholders holding equity shares on the record date will be entitled to receive the dividend, subject to approval by members at the ensuing AGM.

Dividend and AGM Details

The board previously recommended a final dividend of ₹0.50 (5%) per equity share of ₹10 each for the financial year 2025-26. This payout requires shareholder approval at the AGM.

The 42nd AGM is scheduled for September 29, 2026, at 5:30 pm. The meeting will be conducted through Video Conferencing or Other Audio Visual Means (OAVM). The company’s registered office in Indore shall be deemed as the venue for the meeting.

Key Dates

Payment Mode and Shareholder Instructions

Pursuant to the SEBI (LODR) (Fifth Amendment) Regulations, 2025, physical dividend warrants have been discontinued. Dividends will be paid exclusively via electronic modes (NEFT/RTGS/ECS). Shareholders holding shares in electronic form must update their bank details with their respective Depository Participants before the record date to avoid delays.

Members wishing to relinquish their dividend rights can fill out the form available on the company website and submit it to the Company Secretary via email or registered post.

Warrant Issuance and Director Re-appointments

The board also approved the issuance of up to 3,25,000 warrants at ₹283 each to promoters. These warrants are convertible into equity shares at a premium of ₹273 per share. The total potential raise is approximately ₹9.2 crore.

The warrants are allocated among six promoter group entities:

Additionally, the board approved the re-appointment of Anil Choudhary as Chairman and Managing Director and Ranjana Choudhary as Whole-time Director & KMP, both for three years, subject to shareholder approval.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE073V01015/ebb87dde-9cd3-4bce-9a06-caf383d62423.pdf

Commercial Syn Bags has approved the re-appointment of Anil Choudhary as Chairman and Managing Director and Ranjana Choudhary as Whole-time Director. The appointments are subject to shareholder approval at the upcoming annual general meeting.

The Board of Directors made the decision at its meeting held on September 5, 2026, following a recommendation from the Nomination and Remuneration Committee. The move ensures continuity in leadership for the plastic packaging manufacturer.

Appointment Details

The re-appointments cover specific tenure periods starting in early 2027. Both directors will serve for a further period of three years.

Anil Choudhary, aged 68, is the promoter of the company and has been associated with it since its incorporation. He brings over four decades of experience in the plastic packaging industry. His role involves providing strategic leadership and overseeing overall management and operations.

Ranjana Choudhary, aged 45, holds a Bachelor's degree in Commerce and a Master's degree in Computer Management from North Maharashtra University. She has over 16 years of experience in administration, management, and the plastic packaging sector. Her responsibilities include overseeing administrative and operational functions.

Regulatory Compliance

The company disclosed these changes pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Both directors have confirmed that they have not been debarred from holding the office of Director by virtue of any order passed by the Securities and Exchange Board of India or any other authority. The disclosures were filed with both the Bombay Stock Exchange and the National Stock Exchange of India Limited.