National Plastic Industries Limited has notified the Bombay Stock Exchange of a forthcoming Board of Directors meeting, scheduled for Thursday, May 28, 2026, at the company's registered office located at Vilco Centre, Vile Parle East, Mumbai. The intimation was issued on May 16, 2026, in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The board meeting has been convened to address several key corporate matters. The following items are on the agenda for consideration:

Trading Window Closure

In accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct for Prevention of Insider Trading, the Trading Window for dealing in the securities of National Plastic Industries has been closed with effect from April 01, 2026. The Trading Window shall remain closed until 48 hours after the declaration of the audited financial results for the quarter and financial year ended March 31, 2026.

The intimation was signed by Paresh V. Parekh, Managing Director of National Plastic Industries Limited.

National Plastic Industries Limited has successfully completed its postal ballot process for the re-appointment of Mr. Vipul Amul Desai as Independent Director. The company announced on April 13, 2026, that shareholders have approved the special resolution with an overwhelming majority, demonstrating strong confidence in the director's continued leadership.

Voting Results and Outcome

The postal ballot results showed exceptional shareholder support for Mr. Desai's re-appointment. A total of 30 members participated in the e-voting process, casting votes for 29,39,694 shares. The voting outcome demonstrates clear confidence in the director's capabilities and contribution to the company's governance.

Director Re-appointment Details

Mr. Vipul Amul Desai will serve as Independent Director for a second term of 5 years commencing from February 12, 2026. His Director Identification Number (DIN) is 02074877. The re-appointment was processed as a special resolution, requiring higher approval thresholds under corporate governance norms.

E-Voting Process and Timeline

The company conducted the postal ballot exclusively through electronic voting, following regulatory guidelines. The e-voting period commenced on March 12, 2026 at 09:00 A.M. and concluded on April 10, 2026 at 05:00 P.M. The cut-off date for determining eligible shareholders was March 06, 2026.

Central Depository Services (India) Limited provided the e-voting platform services. The company dispatched postal ballot notices electronically to all eligible members on March 10, 2026, adhering to digital communication protocols established under regulatory circulars.

Category-wise Voting Breakdown

The voting results showed strong support across different shareholder categories, with promoter and promoter group showing unanimous support:

Regulatory Compliance and Scrutinizer Report

Ms. Ragini Chokshi of Ragini Chokshi & Co., Company Secretaries, served as the appointed scrutinizer for the postal ballot process. The scrutinizer's report dated April 13, 2026, confirmed that the voting process was conducted in compliance with Section 108 and Section 110 of the Companies Act, 2013, and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The scrutinizer verified that all e-voting confirmations received up to the deadline were properly considered, and the voting results were downloaded in the presence of independent witnesses Ms. Khushi Morsawala and Ms. Parnika Jadhav. The company has placed the voting results and scrutinizer's report on its website and CDSL's platform for transparency and regulatory compliance.