Tirth Plastic Limited has announced that its register of members and share transfer books will remain closed from September 20, 2026 to September 26, 2026. This book closure is in place for the company's 40th Annual General Meeting (AGM), scheduled for September 26, 2026.

The meeting will be conducted through video conference or other audio-visual means in compliance with Ministry of Corporate Affairs circulars. The primary agenda includes ordinary business items such as the adoption of financial statements for FY26 and the reappointment of Managing Director Mr. Jigar Shah, who retires by rotation. A special resolution seeks shareholder approval for the appointment of Ms. Nidhi Bharatbhai Gandhi as a Non-Executive Independent Director.

Key Agenda Items

The Board of Directors has scheduled several key resolutions for shareholder consideration during the virtual meeting.

Ms. Gandhi was initially appointed as an Additional Director on February 5, 2026. Her formal appointment is subject to shareholder approval at the AGM. She holds no shares in the company and has no inter-se relationship with other directors or key managerial personnel.

Voting and Meeting Logistics

Shareholders are eligible to vote if their names appear in the register of members as on the cut-off date of September 19, 2026. Remote e-voting will commence on Wednesday, September 23, 2026, at 9:00 am and conclude on Friday, September 25, 2026, at 5:00 pm.

The company has engaged National Securities Depository Limited (NSDL) to facilitate the e-voting process. Mr. Anish Shah, a practicing Company Secretary, has been appointed as the scrutinizer to ensure a fair and transparent voting process. Results will be declared on or before Monday, September 28, 2026.

Tirth Plastic shareholders approved the issuance of 45,00,000 Fully Convertible Warrants and the appointment of a new independent director through a postal ballot process concluded on August 23, 2026.

The company submitted the voting results to the Bombay Stock Exchange on August 24, 2026, following the scrutiny report by M/S A. Shah and Associates. Both special resolutions passed with overwhelming support from public non-institutional shareholders, while promoters and institutional investors did not participate in the voting process.

Voting Results

The postal ballot involved 9,351 shareholders on the record date of July 21, 2026. The e-voting period ran from July 25, 2026, until August 23, 2026. No physical postal ballots were received; all votes were cast via remote e-voting.

Resolution 1: Warrant Issuance

The first resolution authorized the preferential issuance of 45,00,000 Fully Convertible Warrants to non-promoter category persons. Each warrant has a face value of ₹10 and an issue price of ₹30. Holders can convert one warrant into one equity share based on the registered valuer's report.

Promoters and promoter group hold 10,47,160 shares but did not cast any votes. The resolution passed with the requisite majority under Section 108 of the Companies Act, 2013.

Resolution 2: Director Appointment

The second resolution approved the appointment of Ms. Nidhi Bharatbhai Gandhi (DIN: 11086584) as a Non-Executive Independent Director. Unlike the first resolution, promoters were interested in this agenda item but still abstained from voting.

This resolution also passed with the requisite majority. The low number of votes against (17) indicates strong consensus among participating shareholders for the governance change.

Regulatory Compliance

Mr. Jigar Mukeshbhai Shah, Managing Director (DIN: 06605922), signed the disclosure letter addressed to the General Manager at BSE Limited. The results comply with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The final outcome is published on the company's website alongside the scrutinizer's report.