G M Polyplast Limited has officially incorporated its wholly owned subsidiary Regranix Private Limited on March 13, 2026, following board approval and regulatory compliance procedures.

Incorporation Details

The company has provided comprehensive details about the subsidiary formation through its regulatory disclosure:

Regulatory Compliance

G M Polyplast Limited has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company informed BSE Limited about the successful incorporation of Regranix Private Limited as a wholly owned subsidiary.

The disclosure was signed by Dimple Pariyar, Company Secretary & Compliance Officer, confirming the completion of all necessary incorporation procedures. This regulatory filing demonstrates the company's commitment to maintaining transparency with stakeholders and regulatory authorities.

Strategic Corporate Development

The establishment of Regranix Private Limited represents a significant milestone in G M Polyplast's corporate expansion strategy. As a wholly owned subsidiary, Regranix Private Limited will operate under the complete control and ownership of the parent company, allowing for strategic business diversification and operational flexibility.

This subsidiary formation reflects G M Polyplast's focus on enhancing its corporate structure while exploring new business opportunities in the manufacturing sector.

G M Polyplast Limited has provided updated information regarding the incorporation process of its wholly owned subsidiary 'Regranix Private Limited'. The company announced revised details about the shareholding structure and incorporation progress in its latest disclosure to BSE Limited.

Updated Shareholding Structure

The company has clarified the shareholding arrangement for the proposed subsidiary, revealing a more detailed ownership structure than previously disclosed:

Incorporation Process Progress

Following the Board of Directors meeting held on February 09, 2026, G M Polyplast Limited confirmed that the incorporation process for Regranix Private Limited is actively underway. The Ministry of Corporate Affairs had previously approved the name reservation 'REGRANIX PRIVATE LIMITED' with SRN Number AC2374282.

The latest update reveals that G M Polyplast Limited will act as the promoter of the proposed company and serve as its holding company. Additionally, six individual shareholders will each subscribe to one equity share as registered owners, though the beneficial interest will vest entirely with G M Polyplast Limited.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This update serves as a continuation of the earlier intimation regarding the board meeting outcome from February 09, 2026.

Company Secretary and Compliance Officer Dimple Pariyar signed the disclosure document dated March 10, 2026, ensuring compliance with regulatory requirements and maintaining transparency with stakeholders.

Company Profile

G M Polyplast Limited operates as a manufacturer of HIPS, ABS, PET, PP, and HDPE sheets along with premium quality granules. The company holds ISO 9001:2015 and 22000:2018 certifications and maintains its registered office in Mumbai with manufacturing facilities in Dadra Village, Silvassa.