G M Polyplast Limited has reappointed Dinesh Balbeer Sharma as its Managing Director and Chief Financial Officer. The board approved the appointment for a five-year term beginning September 7, 2026.

The company disclosed the decision in a filing with the Bombay Stock Exchange on September 8, 2026. The intimation was issued pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Appointment Details

Sharma was liable to retire by rotation but offered himself for reappointment. Members of the company approved the resolution. His new tenure runs from September 7, 2026, to September 6, 2031.

Sharma holds a Bachelor of Science degree and possesses expertise in management, strategy, and finance. The filing notes his experience in strategic planning and business management will contribute to the company’s leadership and development.

Board Relationships

The disclosure outlines Sharma’s relationships with other directors. He is the son of Balbir Singh Bholuram Sharma, a director at the company. He is also the spouse of Sarita Dinesh Sharma, who serves as a whole-time director.

Dimple Parmar, the Company Secretary and Compliance Officer, signed the communication on behalf of the board.

G M Polyplast shareholders approved a suite of related-party transactions with its wholly owned subsidiary, Regranix Private Limited, at the company’s 23rd Annual General Meeting held on September 7, 2026. The resolutions included granting loans, making investments, and entering into material purchase and sale agreements.

The meeting was held at The Club in Andheri West, Mumbai. It was chaired by Managing Director Dinesh Balbeer Sharma. Physical attendance stood at 37 members. Remote e-voting was available but recorded zero votes. All voting occurred via poll papers at the venue.

Key Resolutions Passed

Shareholders approved several special resolutions under Sections 186 and 188 of the Companies Act, 2013:

• Granting loans, guarantees, security, and advances to Regranix Private Limited.
• Making investments in Regranix Private Limited.
• Entering into material purchase and sale transactions with Regranix.
• Approval for the sale of undertaking to Regranix.
• Enhancement of borrowing powers and creation of security therefor.
• Ratification of remuneration for the Cost Auditor for FY27.

Voting Results

All resolutions were approved with 100% support from valid votes cast. The promoter group, holding 98,98,000 shares, abstained from voting on interested resolutions (Items 2–8), resulting in their votes being treated as invalid for those specific agenda items. Public non-institutional shareholders held 33,90,800 shares and cast 12,73,300 votes in favor of the interested resolutions.

Ordinary Business

Members received, considered, and adopted the Audited Financial Statements for the year ended March 31, 2026. This included the Balance Sheet, Profit and Loss Account, Cash Flow Statement, Auditor’s Report, and Director’s Report.

Mr. Dinesh Balbeer Sharma retired by rotation and was re-appointed as a director by ordinary resolution.

Governance and Compliance

Statutory auditors M/s. Ajmera and Ajmera, internal auditors M/s. D D & Associates, and secretarial auditors M/s. Pranay D. Vaidya and Co. were present. Mr. Pranay D. Vaidya served as the Scrutinizer for e-voting and poll processes. The meeting concluded at 12:05 pm.