Dhaval Packaging Limited approved its board report for the financial year ended March 31, 2026, during a meeting held on September 8, 2026. The directors also sanctioned the notice for the company’s 11th annual general meeting.

The board scheduled the AGM for Wednesday, September 30, 2026, at 12:00 pm. The meeting will be conducted through video conferencing or other audio visual means, ensuring remote participation for shareholders.

Auditor and Scrutinizer Appointments

The company appointed M/s Rajendra Natvrelal Shah & Co., Chartered Accountants (FRN: 130209W), as its internal auditor for the financial year 2026-27. The firm, led by CA Rajendra N. Shah, brings over five decades of experience in tax advisory, statutory audits, and corporate compliance.

Additionally, the board appointed M/s PNK & Co., a practicing company secretary firm, as the scrutinizer for the ensuing annual general meeting. The appointment ensures independent oversight of the voting process during the shareholder assembly.

Meeting Details

The board meeting commenced at 6:00 pm and concluded at 6:50 pm. Director Dhaval Nanalal Dagla signed the disclosure pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Dhaval Packaging has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), marking the first step towards its initial public offering. The company aims to raise capital through this public issue, with a defined price band and issue size outlined in the filing.

Company Overview

Dhaval Packaging is seeking to list on Indian stock exchanges through this IPO. The company operates in the packaging sector, though specific operational details beyond the filing are not elaborated in the current data. The DRHP filing provides investors with the foundational financial and structural information required for the public offering.

Offer Details

The IPO features a price band ranging from ₹92.00000 to ₹97.00000 per share. The total issue size is structured between ₹220800 (Min IPO Size) and ₹500000 (Max IPO Size). Investors looking to participate must adhere to the minimum bid quantity requirements specified in the prospectus.

As per the latest subscription data provided, the issue shows 0 x subscription across all categories, including Qualified Institutional Buyers (QIB), Non-Institutional Buyers (bHNI and sHNI), Retail, and Employees. The total subscribed amount stands at 0 x.

Financial Highlights

Specific historical financial data such as revenue trends, profit margins, or key ratios were not included in the provided dataset. Investors are advised to refer to the complete DRHP document filed with SEBI for detailed financial performance metrics over the past fiscal years.

Risk Factors

While specific risk factors were not detailed in the provided data, standard risks associated with IPOs include market volatility, regulatory changes, and execution risks related to business operations. The DRHP typically outlines material risks that could impact the company’s future performance.

Valuation & Peer Comparison

With a price band of ₹92.00000 to ₹97.00000, the valuation of Dhaval Packaging will be determined by the final issue price within this range. Peer comparison analysis requires additional financial metrics which are currently unavailable in the provided data.

Bottom Line

Dhaval Packaging’s IPO is in the early stages following the DRHP filing. With a price band set at ₹92.00000-₹97.00000 and an issue size up to ₹500000, investors should monitor subsequent updates regarding the final pricing, allotment dates, and listing schedule. Current subscription data indicates 0 x interest across all investor categories.