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.

G M Polyplast has scheduled its 23rd Annual General Meeting for Monday, September 7, 2026. The meeting will take place at The Club in Andheri West, Mumbai, at 11:00 am.

The company notified the BSE regarding the AGM under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholders holding shares as on August 31, 2026, are eligible to vote.

Voting and Book Closure Details

The register of members and share transfer books will remain closed from Tuesday, September 1, 2026, until Monday, September 7, 2026. This book closure period ensures accurate identification of eligible shareholders for the meeting.

The company is facilitating remote e-voting through Bigshare Services Pvt. Limited. The voting window opens on Friday, September 4, 2026, at 9:00 am and closes on Sunday, September 6, 2026, at 5:00 pm. Members who cast their votes electronically may attend the meeting but cannot vote again. Those opting not to vote remotely can submit poll forms at the venue.

Key Dates and Logistics

Shareholders with physical shares who have not registered email addresses must provide folio numbers, PAN, and Aadhaar details to receive login credentials. Demat shareholders should update their contact information with their depository participants. The notice and annual report for FY25-26 are being sent electronically to registered email IDs.