National Plastic Technologies Ltd concluded its 37th annual general meeting on September 21, 2026, with shareholders approving all proposed resolutions. The meeting took place at the Arihant Hall in Chennai.

Chairman Hemant Chordia presided over the proceedings, which began at 10:15 am and ended at 10:55 am. A total of 179 members attended in person. The quorum was established early in the session.

Key Resolutions Passed

The shareholders approved the adoption of audited financial statements for the year ended March 31, 2026. The Board report and auditors report were circulated to all members prior to the meeting.

The company declared a final dividend of ₹1.50 per equity share, representing a 15% payout on the face value. This resolution was passed as an ordinary resolution.

Governance Appointments

Sudershan Parakh was reappointed as a director after retiring by rotation. The board also secured shareholder approval for the reappointment of Arihant Parakh as managing director. His tenure is set for three years, effective from September 25, 2026. The remuneration structure for this role was part of the special resolution approved by the members.

For statutory audit purposes, M/s CA Patel & Associates were reappointed for a five-year term. This period extends from the conclusion of the current AGM until the conclusion of the 42nd AGM.

Meeting Proceedings

Representatives from the auditors and secretarial auditors were present during the meeting. Chairman Hemant Chordia confirmed that neither the auditors report nor the secretarial auditors report contained any qualifications or adverse remarks.

Managing Director Arihant Parakh addressed queries from the members present. Voting was conducted through ballot papers for those who had not utilized remote e-voting facilities. Shreyans Parakh & Co, Chartered Accountants, served as the scrutinizer for the event.

The consolidated voting results, combining remote e-voting and ballot paper votes, will be communicated to the stock exchanges within 48 hours of the meeting's conclusion.

National Plastic Technologies shareholders approved the reappointment of key management personnel and its statutory auditor at the annual general meeting held on September 21, 2026. The resolutions ensure continuity in leadership and audit oversight for the Chennai-based plastics manufacturer.

The meeting took place at the Arihanth Hall, Madras Hotel Ashoka in Chennai. Shareholders approved three primary business items under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Leadership Reappointments

Mr. Sudershan Parakh was reappointed as a director for a term of 24 months effective September 21, 2026. He retires by rotation and offered himself for reappointment. Mr. Parakh holds a Graduate degree in Commerce and technical training in plastics from the Central Institute of Plastics Engineering & Technology, Guindy. He serves as Chairman of National Polyplast (I) Pvt Ltd and brings approximately 40 years of experience across finance, marketing, production, and personnel management.

Mr. Arihanth Parakh was reappointed as Managing Director for a further period of 3 years, effective September 25, 2026, until September 24, 2029. His remuneration package was also approved. Mr. Parakh holds a postgraduate degree in Commerce and a PG Diploma in Financial Management from ISB, Hyderabad. With over 20 years of experience in the plastic industry, he oversees operations and financial management.

Family Relationships Disclosed

The filing discloses family relationships among the board members:

• Mr. Sudershan Parakh is the father of Mr. Arihanth Parakh (Managing Director) and Mr. Alok Parakh (Director).
• Mr. Arihanth Parakh is the son of Mr. Sudershan Parakh and brother of Mr. Alok Parakh.

Auditor Appointment

Shareholders reappointed M/s. C A Patel & Associates (FRN: 0014055S) as the statutory auditor for five consecutive years. The term commences from FY27 and concludes with the 42nd AGM in FY31. The firm specializes in assurance, audit, and advisory services, with partners experienced in statutory audits, financial reporting, and risk advisory for manufacturing and infrastructure clients.