G M Polyplast Limited has announced the disposal of equity shares by one of its Independent Directors in compliance with SEBI insider trading regulations. The transaction represents a complete exit by the director from his equity position in the company.

Share Transaction Details

Independent Director Mr. Suhas Maruti Rane disposed of his entire equity holding in the company through a market sale transaction. The details of the share disposal are presented below:

Shareholding Position

The transaction details reveal the director's complete exit from his equity position in G M Polyplast Limited. Prior to the disposal, Mr. Rane held 700 equity shares representing 0.005% of the company's total shareholding. Following the market sale on March 25, 2026, his shareholding position reduced to zero.

Regulatory Compliance

The company received intimation regarding the transaction on March 30, 2026, and subsequently filed the disclosure with BSE Limited on March 31, 2026. The disclosure was made pursuant to Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015, which mandates reporting of changes in shareholding by directors and other designated persons.

The filing included Form C, which provides comprehensive details of the securities transaction including the director's personal information, transaction specifics, and mode of disposal. Company Secretary and Compliance Officer Dimple Pariyar signed the disclosure documents on behalf of G M Polyplast Limited.

About the Company

G M Polyplast Limited operates as a manufacturer of plastic products including HIPS, ABS, PET, PP, and HDPE sheets and 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.

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.