Swashthik Plascon has announced the closure of its trading window for dealing in equity shares effective October 1, 2026. This measure is implemented in compliance with the Code of Conduct for Prevention of Insider Trading under the SEBI (Prohibition of Insider Trading) Regulations, 2015.

The trading window will remain closed until 48 hours after the communication of financial results for the half year ended September 30, 2026, to the stock exchanges. This period covers the preparation and announcement phase for the company's second quarter fiscal year 2027 results.

Regulatory Compliance and Disclosure

The company stated that this notice serves as a disclosure under the relevant provisions of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015. The Managing Director, Mahendrakuamr Gautam, signed the intimation addressed to the BSE SME Platform on September 29, 2026.

Key details regarding the closure are outlined below:

The date of the Board meeting for considering these financial results will be intimated to the stock exchanges in due course. The company emphasized that this action ensures adherence to insider trading prevention norms during the sensitive period preceding the release of quarterly financial performance data.

Swashtik Plascon Ltd declared that all seven resolutions proposed at its 15th Annual General Meeting held on September 23, 2026, were passed with the requisite majority. The company filed the detailed voting results and scrutinizer's report on September 26, 2026.

The meeting took place at the company's registered office in Pudukcherry, Pondicherry. Chairman and Managing Director Parasmal Mahendra Kumar presided over the session, confirming that statutory auditors issued their report for the year ended March 31, 2026, without any qualifications or adverse comments.

Key agenda items approved

Shareholders considered both ordinary and special business items. The ordinary resolutions included the adoption of the annual financial statements and the re-appointment of Parasmal Ravindra Kumar as a director. The special business focused on approving transactions with associated entities within the Swashtik group.

The following related party transactions were placed before members for approval:

Voting and procedural details

The company facilitated remote e-voting through NSDL from September 20 to September 22, 2026. Members who did not vote electronically could cast ballots in person during the meeting. The cutoff date for eligibility was September 16, 2026. Dilip Swarnkar & Associates served as the scrutinizer for the voting process.

Managing Director Mahendrakumar Gautam confirmed that voting results would be announced via stock exchange filings and posted on the company website. The meeting concluded at 3:00 pm following a vote of thanks.

What the Numbers Show

The voting data reveals a clear distinction between non-interested and interested party votes. For the adoption of annual accounts and the re-appointment of Mr. Parasmal Ravindra Kumar, 11,240,996 shares voted in favor, representing 57.74% of total outstanding shares, with zero votes against. This included participation from both promoter group (98.48% of their holding) and public shareholders (19.25% of their holding).

In contrast, for the five related party transaction resolutions where promoters were interested, only 4,744,352 shares (or 3,349,719 for Swashtik Pet Packaging) cast valid votes. This lower turnout reflects the exclusion of interested promoters' votes, which were deemed invalid for these specific items. Despite the reduced voting base, all RPT resolutions passed with 100% of the valid votes polled being in favor.