Technopack appoints M/s. Padaliya & Associates as internal auditor

1 min read     Updated on 29 May 2026, 04:43 PM
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Shriram SScanX News Team
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Technopack Polymers Limited appointed M/s. Padaliya & Associates as Internal Auditor for FY26 and FY27. The company reported a 30% decline in FY26 net profit to ₹120.89 lakh, citing new machinery ramp-up.

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Technopack Polymers Limited appointed M/s. Padaliya & Associates as its Internal Auditor for the financial years 2025-26 and 2026-27, effective May 29, 2026. The appointment was made by the board on the recommendation of the Audit Committee. The firm, registered with registration number 138580W, specializes in auditing, financial reporting, internal controls, and statutory compliances.

This regulatory disclosure was submitted to the Bombay Stock Exchange Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's board also approved the audited standalone financial results for the half year and year ended March 31, 2026, at a meeting held on May 29, 2026.

Financial Performance

Technopack Polymers Limited reported a 30% decline in net profit to ₹120.89 lakh for the financial year ended March 31, 2026, compared to ₹171.61 lakh in the previous year. Revenue from operations fell to ₹853.73 lakh from ₹1745.20 lakh in FY25. The company attributed the revenue drop to the commencement of commercial production from newly acquired machinery, which renders the current year's revenue non-comparable with the prior period.

Metric FY26 (₹ in Lacs) FY25 (₹ in Lacs)
Net Sales/Income from Operations 837.41 1728.15
Total Income 853.73 1745.20
Total Expenditure 701.70 1513.21
Net Profit for the period 120.89 171.61
Earnings Per Share (EPS) 1.12 2.72

Auditor and Board Appointments

The statutory auditor, M/s. Karia & Associates, issued an unmodified opinion on the financial results but noted the impact of the new machinery on revenue comparability. In addition to the internal auditor appointment, the board appointed M/s. G R Shah & Associates as the Secretarial Auditors for the financial years 2025-26 and 2026-27. The trading window for equity shares remains closed for directors, designated persons, and their immediate relatives effective from April 1, 2026, until 48 hours after the financial results are made public.

Historical Stock Returns for Technopack Polymers

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%-15.52%-25.53%-46.72%-68.47%

What is the expected timeline for the newly acquired machinery to reach full commercial capacity?

How does the company plan to restore revenue growth once the new machinery operations stabilize?

Will the internal auditor's focus on internal controls lead to operational adjustments for the new production lines?

Technopack Polymers Files Non-Applicability Certificate Under SEBI Regulation 74(5) for Q4FY26

1 min read     Updated on 14 Apr 2026, 05:28 PM
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Technopack Polymers Limited filed a non-applicability certificate under SEBI Regulation 74(5) for Q4FY26, confirming that the regulation does not apply as the entire shareholding remains in dematerialized form. The certificate, issued by registrar Bigshare Services Private Limited, covers the quarter ended March 31, 2026, with no rematerialisation or dematerialization requests received during the period. The company submitted the compliance filing to BSE Limited on April 14, 2026.

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Technopack Polymers Limited has filed a non-applicability certificate with BSE Limited under SEBI Regulation 74(5) of the Depositories and Participants Regulation, 2018 for the quarter ended March 31, 2026. The submission demonstrates the company's compliance with regulatory requirements regarding share dematerialization status.

Regulatory Compliance Filing

The company submitted the certificate on April 14, 2026, through its Managing Director Chetankumar Ishvarlal Pandya. The filing pertains to the quarter ended March 31, 2026, covering the period from December 31, 2025 to March 31, 2026.

Filing Details: Information
Filing Date: April 14, 2026
Quarter Covered: March 31, 2026
Regulation: SEBI Regulation 74(5)
Certificate Type: Non-Applicability
Registrar: Bigshare Services Private Limited

Certificate Details

Bigshare Services Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the non-applicability certificate dated March 31, 2026. The certificate confirms that SEBI Regulation 74(5) does not apply to Technopack Polymers Limited during the specified quarter.

Shareholding Status

The non-applicability status stems from the company's complete dematerialization of shares. According to the certificate, the entire shareholding of the company remains in dematerialized form, eliminating the need for compliance with certain regulatory provisions.

Shareholding Parameters: Status
Share Form: Entirely Demat
Rematerialisation Requests: None Received
Dematerialization Requests: None Received
Quarter Period: December 31, 2025 to March 31, 2026

Regulatory Framework

The filing references SEBI Regulation 74(5) of the Depositories and Participants Regulation, 2018, which replaced the earlier Regulation 54 of SEBI Depository and Participant Regulations, 1996. The regulation requires specific compliance measures for companies with mixed shareholding patterns involving both physical and dematerialized shares.

Company Information

Technopack Polymers Limited operates from its registered office at Gokul Industries, Rafaleshvar Industrial Estate, near Rafaleshvar Railway Track, Morbi Jambudiya Rajkot. The company holds CIN L25209GJ2018PLC103581 and trades under scrip code 543656 on BSE Limited.

Historical Stock Returns for Technopack Polymers

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%-15.52%-25.53%-46.72%-68.47%

Will Technopack Polymers maintain its fully dematerialized shareholding status in future quarters, or could corporate actions trigger rematerialization requests?

How might SEBI's evolving regulatory framework for depositories impact compliance requirements for companies like Technopack Polymers in 2026-2027?

What operational cost savings is Technopack Polymers likely achieving through complete share dematerialization compared to companies with mixed shareholding patterns?

1 Year Returns:-46.72%