Valplast Technologies has appointed Ms. Shivangi Dixit as its Company Secretary and Compliance Officer, effective August 3, 2026. The Board of Directors approved the appointment during a meeting held on August 3, 2026, ensuring compliance with Section 203 of the Companies Act, 2013 and Regulation 6 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This strategic hire strengthens the company’s governance framework ahead of its upcoming Annual General Meeting (AGM).

Ms. Dixit, an Associate Member of the Institute of Company Secretaries of India (ICSI) with registration number ACS 71527, holds a Bachelor of Laws (LL.B.) degree. She brings professional experience in secretarial compliances, corporate laws, corporate governance, and regulatory compliances under the Companies Act, 2013 and SEBI regulations. The company confirmed that Ms. Dixit is not related to any Directors, Key Managerial Persons, or Promoters of Valplast Technologies.

In addition to the personnel appointment, the Board approved a proposal to alter Clause III(A) of the Memorandum of Association (MoA). This alteration aims to expand the company’s business activities into infrastructure, engineering, MEP, electrical, construction, power, oil & gas, environmental, water and wastewater, mining, and allied sectors. These changes require approval from members at the ensuing AGM.

The Board also approved the Notice convening the 13th Annual General Meeting of the company. The AGM is scheduled for Monday, August 31, 2026, at 11:30 A.M. through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The meeting will address both Ordinary Business and Special Business, including the proposed MoA alteration and other statutory approvals.

Furthermore, the Board appointed M/s Surendra Barnwal & Associates as the Secretarial Auditor for the Financial Year 2026–27. This appointment was made pursuant to Section 204 of the Companies Act, 2013. M/s Surendra Barnwal & Associates holds Certificate of Practice number 8036.

Key Board Resolutions

Governance and Compliance

The Board meeting commenced at 11:00 A.M. and concluded at 4:00 P.M. on August 3, 2026. The disclosures were made pursuant to Regulation 30 of the SEBI Listing Regulations. Additional disclosures regarding the appointment of the Company Secretary were provided in accordance with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company confirmed that there are no relationships between directors relevant to this appointment, and no information is applicable pursuant to BSE Circular LIST/CML/2018-19.

Valplast Technologies Limited has received shareholder approval to reallocate unutilized Initial Public Offer (IPO) proceeds amounting to ₹4.95 crore from capital expenditure (CAPEX) to working capital and general corporate purposes. The special resolution was passed via remote e-voting on June 28, 2026, with 96.28% of the votes cast in favour, allowing the company to modify the object of the issue stated in its Red Herring Prospectus dated September 22, 2025. This strategic shift aims to align financial resources with evolving business requirements and emerging opportunities to support long-term growth and enhance shareholder value.

The Board of Directors approved the revision on May 20, 2026. The reallocation involves funds originally earmarked for CAPEX, which will now be directed towards working capital needs and general corporate purposes. The company stated that the proposed changes are necessitated by evolving business requirements to ensure optimal deployment of funds.

The postal ballot process, conducted entirely through remote e-voting, commenced on May 30, 2026, and concluded on June 28, 2026. A total of 20 shareholders participated, casting 1,29,81,943 votes. The resolution required a special majority under the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Voting Results Summary

Mr. Rajat Mishra, Practicing Company Secretary, was appointed as the scrutinizer to oversee the voting process. The company has disclosed that none of the directors or key managerial personnel, other than their shareholdings, have any financial interest in the resolution. The detailed results and scrutinizer's report have been hosted on the company's website.