G M Polyplast Limited has accepted the resignation of Independent Director Mr. Suhas Maruti Rane, effective from the conclusion of the forthcoming Annual General Meeting for the financial year ended March 31, 2026, or August 31, 2026, whichever is earlier. The resignation, tendered via a letter dated July 20, 2026, was attributed to the director's pre-occupation with other professional commitments and consequent time constraints. Mr. Rane confirmed that there are no other material reasons for his resignation and no adverse factors requiring disclosure to stakeholders.

The disclosure was made to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that the detailed reasons for the resignation are enclosed with the regulatory filing. The resignation impacts the composition of key board committees, as Mr. Rane held significant positions within the company's governance structure.

Mr. Rane served as a member of the Audit Committee, the Nomination & Remuneration Committee, and the Corporate Social Responsibility Committee. Additionally, he held the position of Chairman of the Stakeholders Relationship Committee. The company has not yet announced a replacement for the vacant position.

The following table summarizes the details of the change in directorate:

The company's compliance officer, Dimple Gaurav Pariyar, signed the disclosure on July 20, 2026. G M Polyplast Limited, manufacturers of HIPS, ABS, PET, PP, and HDPE sheets and premium quality granules, is headquartered in Mumbai.

G M Polyplast Limited has announced the appointment of its Internal Auditor, Secretarial Auditor, and Cost Auditor for Financial Year 2026-27, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosures were made pursuant to SEBI Circular ref. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and were signed by Dimple Parmar, Company Secretary and Compliance Officer, on May 16, 2026, from Mumbai.

Auditor Appointments at a Glance

The company has appointed three professional firms across audit disciplines for FY 2026-27. The key details of each appointment are summarised below:

Internal Auditor: D D & Associates

M/s. D D & Associates is a Mumbai-based Chartered Accountancy firm established in 2013. The firm offers a comprehensive suite of multi-disciplinary professional services and is led by experienced partners CA Swati Dhamdhare and CA Mandar Dhamdhare, both accomplished in banking audits, wealth management, and taxation. The firm specialises in audit and assurance, direct and indirect taxation, consultancy, and outsourced accounting services. With a team of 15 dedicated employees and associations with ex-bank officers, the firm delivers expert-driven, result-oriented solutions. D D & Associates is committed to ethics, integrity, and quality, blending professionalism, technology, and efficiency to meet evolving business needs.

Secretarial Auditor: Pranay D. Vaidya and Co.

M/s. Pranay D. Vaidya and Co. is a professionally managed Company Secretary firm registered with the Institute of Company Secretaries of India (ICSI). The firm provides comprehensive corporate compliance solutions across regulatory frameworks, including the Companies Act, RBI and SEBI regulations, and allied laws. It emphasises the importance of robust compliance in fostering operational efficiency and stakeholder trust, and delivers consistent, high-quality service to businesses of all sizes.

Cost Auditor: PRO & Associates

M/s. PRO & Associates is a Mumbai-based Cost Accountancy firm with 14+ years of experience in accounts and financial management of the corporate sector, including 7+ years of experience with start-ups, covering end-to-end accounting, financial and operational management, fund raising, and MIS work. The firm provides key financial data, support, and reporting to assist management in taking key business decisions. PRO & Associates has actively worked in various areas of accounting, auditing, MIS, special audits by banks, and internal control and audit. The firm is also associated with the non-profit sector, providing end-to-end accounting and support services, and has a team of young, enthusiastic, and result-oriented members.

Regulatory Compliance

All three appointments were made in accordance with the applicable provisions of the SEBI Listing Regulations and the relevant SEBI circular. The disclosure of relationships between directors was noted as Not Applicable for all three appointments, as none of the appointees are directors of the company.