Polyplex declares Re 1 final dividend for FY26

Polyplex Corporation Limited has approved the recommendation of a final dividend for the financial year 2025-26. The Board of Directors, in a meeting held on May 23, 2026, sanctioned a dividend of Re 1 per share. This payout is applicable on shares with a face value of Rs. 10 each.

The dividend distribution is subject to Tax Deducted at Source (TDS) or withholding tax. Payment will be executed after the dividend is formally declared during the company's ensuing Annual General Meeting (AGM). The exact timeline for the payment will adhere to the prescribed regulatory framework.

Dividend Details

The following table outlines the key specifics of the dividend declaration:

Parameter	Details
Dividend Type	Final Dividend
Financial Year	2025-26
Amount per Share	Re 1
Face Value	Rs. 10
Tax Status	Subject to TDS/Withholding Tax

The company has not yet announced the specific dates for the AGM or the book closure period. Polyplex Corporation stated that these details would be communicated to the shareholders and the stock exchanges in due course.

The Board meeting, where this decision was taken, commenced at 16:10 hours IST and concluded at 18:15 hours IST on May 23, 2026. The information regarding the dividend has been uploaded to the company's official website.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.38%	+3.77%	+3.71%	+15.49%	-26.76%	-29.78%

Polyplex Corporation Limited has accepted the resignation of Mr. Sanjiv Chadha, a Non-Executive Non-Independent Director, effective from the close of business on May 23, 2026. The resignation follows a Board meeting held on May 23, 2026, where Mr. Chadha stepped down after over 20 years of association, citing personal and professional reasons. Concurrently, the Board appointed Mr. Ranjit Singh as a Non-Executive Non-Independent Director (Additional) effective from May 25, 2026, based on the recommendations of the Nomination and Remuneration Committee.

Mr. Ranjit Singh brings over 40 years of experience in corporate management across Indian and international business environments. An engineer from BITS, Pilani, and an MBA from IIM, Ahmedabad, he previously served as an Independent Director on the company's Board for 10 years. He is currently engaged in the social sector and the startup ecosystem as a consultant, mentor, investor, and promoter. The company confirmed that Mr. Singh is not debarred from holding the office of director by SEBI or any other authority and is not related to any director or Key Managerial Personnel.

Director Details

Sr. No.	Particulars	Mr. Sanjiv Chadha (DIN: 00356187)	Mr. Ranjit Singh (DIN: 01651357)
1	Reason for change	Resignation	Appointment as a Non-Executive Non-Independent Director
2	Date of change	May 23, 2026 (end of the day)	Effective from May 25, 2026
3	Brief profile	Not Applicable	Engineer from BITS, Pilani; MBA from IIM, Ahmedabad; Over 40 years of experience; Former Independent Director for 10 years
4	Relationship with directors	Not Applicable	Not related to any director/KMP of the Company

The Board meeting commenced at 16:10 hours IST and concluded at 18:15 hours IST. The necessary disclosures have been submitted to the stock exchanges.