Perfectpac Limited has secured an industrial plot allotment from the Yamuna Expressway Industrial Development Authority (YEIDA) to establish a new corrugated box packaging manufacturing facility.

The allotment, dated September 25, 2026, covers a 16,200 square meter plot in Sector 8D of the YEIDA region. The project is structured on a 90-year leasehold basis, providing long-term operational stability for the company's expansion into industrial packaging.

Financial terms and payment schedule

The total amount payable for the plot, including the Premium Lease Charge (PLC), stands at ₹22.74 crore. The payment structure requires an initial registration money of ₹2.27 crore, which is 10% of the total value, due within 30 days of the allotment letter issuance. The remaining balance of ₹20.46 crore must be settled within 90 days from the same date.

Regulatory and compliance details

The company confirmed that this transaction does not constitute a related party transaction. The seller, YEIDA, is not related to the Promoter, Promoter Group, or any Key Managerial Personnel of Perfectpac. This disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Strategic implications

The acquisition of a large-format industrial plot signals Perfectpac's intent to scale its manufacturing capabilities. The 90-year tenure mitigates long-term real estate risks, while the phased payment schedule allows the company to manage near-term liquidity pressures associated with capital expenditure.

Perfectpac Limited has released the consolidated voting results for its 54th Annual General Meeting (AGM), confirming that all six agenda items were approved with a 99.9980% majority. The meeting, held on September 16, 2026, via video conferencing, saw shareholders endorse the final dividend, audited financials, and key board appointments.

A total of 50,05,430 valid votes were polled out of 66,59,500 outstanding shares as on the record date of September 9, 2026. This represents a 75.16% turnout among the 3,181 shareholders eligible to vote. The promoter group, holding 49,83,430 shares, voted in favor of all resolutions with a 100% participation rate through remote e-voting.

Voting Breakdown

The voting process included both remote e-voting (September 13–15, 2026) and e-voting during the AGM. M/s RSM & Co., represented by partners Shri Ravi Sharma and Ms. Suman Pandey, served as scrutinizers.

The only dissenting votes came from the public non-institutional category, where 98 shares voted against all six resolutions. Public institutions did not participate in the voting process.

Resolutions Passed

Shareholders approved three ordinary and three special resolutions:

• Adoption of audited financial statements for FY26.
• Declaration of a final dividend of Re. 1.00 per equity share (50% payout).
• Reappointment of Shri Raj Gopal Sharma as Director upon retirement by rotation.
• Reappointment of Shri Sanjay Rajgarhia as Managing Director.
• Increase in borrowing limits under Section 180(1)(c) of the Companies Act, 2013.
• Increase in limits for creating mortgage or charge on assets under Section 180(1)(a).

Board Attendance

The following directors attended the meeting via video conferencing:

Key Managerial Personnel Ms. Nidhi (Company Secretary) and Shri Mohinder Nagpal (CFO) were also present. Statutory Auditor Samir Vaid and Secretarial Auditor Ravi Sharma served as invitees.