Shaily Engineering Plastics Limited will hold its 46th Annual General Meeting on Monday, September 28, 2026. The session is scheduled to begin at 11:00 am and will be conducted through Video Conferencing or Other Audio-Visual Means.

The company notified shareholders of the meeting date in compliance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was dispatched electronically on September 4, 2026.

E-Voting Details

Shareholders holding shares as of the cut-off date, Monday, September 21, 2026, are eligible to vote. The remote e-voting facility will be available from Friday, September 25, 2026, at 9:00 am until Sunday, September 27, 2026, at 5:00 pm. NSDL provides the e-voting services for this process.

Members who cast their votes via remote e-voting prior to the meeting may attend but cannot vote again. Those who have not voted remotely can participate during the AGM via the e-voting system.

Tax Deduction at Source

Dividend income will be taxable in the hands of shareholders under the Income Tax Act, 2025. The company will deduct tax at source at prescribed rates if shareholders approve the dividend. Shareholders must update their PAN details with their depository participant or Registrar and Transfer Agent by Friday, September 11, 2026. Failure to register PAN will result in a higher TDS rate of 20%.

Non-resident shareholders can avail beneficial rates under applicable tax treaties by submitting required documents, including a Tax Residency Certificate and Form 41, to the designated email address.

Shaily Engineering Plastics will hold its 46th Annual General Meeting on September 28, 2026, at 11:00 am through video conferencing. The meeting agenda includes the adoption of financial statements for FY26, a proposed dividend declaration, and significant corporate governance resolutions.

The Board has recommended a dividend of ₹3 per equity share, representing a payout ratio of 150% on the face value of ₹2. This dividend is subject to member approval at the AGM. Shareholders on record as of September 11, 2026, will be eligible for the payout if declared.

Capital Raising & Expansion

A key special resolution seeks member consent for an enabling resolution to raise funds up to ₹500 crore through the issuance of securities. The company intends to use these proceeds for setting up new facilities in Chennai and Abu Dhabi, as well as enhancing existing operations.

The Board retains discretion to determine the instrument mix, which may include equity shares, convertible debentures, or warrants. The issuance can occur via rights issues, preferential allotments, or qualified institutional placements (QIPs). Any QIP must be completed within 365 days of the resolution passage.

Governance & Remuneration Changes

Members will vote on the re-appointment of Mr. Mahendra Sanghvi as a director retiring by rotation. Additionally, the meeting will address the re-appointment of Mr. Amit Mahendra Sanghvi as Managing Director for a five-year term effective October 1, 2026. Notably, Mr. Amit Mahendra Sanghvi will not draw remuneration from Shaily Engineering Plastics during this tenure.

The AGM also covers a change in remuneration for Ms. Kinjal Bhavsar, Managing Director of the wholly-owned subsidiary Shaily Innovations Limited (UK). Her annual basic salary is proposed to increase from GBP 150,000 to GBP 240,000, effective April 1, 2026. This requires unrelated shareholder approval under related-party transaction norms.

Meeting Logistics

Remote e-voting will be open from September 25, 2026, at 9:00 am to September 27, 2026, at 5:00 pm. Physical attendance is dispensed with, and proxy appointments are not available for this virtual meeting.