Valplast Technologies held its 13th Annual General Meeting on September 15, 2026. The meeting concluded with the declaration of a final dividend of ₹1 per equity share for FY26.

The session began at 11:30 am and ended at 11:48 am via video conferencing. Chairman and Managing Director Sanjay Kumar presided over the proceedings alongside other board members and key managerial personnel.

Resolutions Passed

Shareholders approved several ordinary and special resolutions during the meeting. The key outcomes included:

Governance and Compliance

The meeting was conducted in compliance with the Companies Act, 2013 and SEBI Listing Regulations. Ms. Shivangi Dixit, Company Secretary, confirmed the presence of quorum and explained the e-voting process.

Statutory auditors M/s KRA & Co and secretarial auditors M/s Surendra Barnwal & Associates were present. Mr. Rajat Mishra served as the scrutinizer for the e-voting process.

Voting Results

Members who did not vote remotely were given an opportunity to vote electronically during the meeting. The e-voting facility remained open for 15 minutes after the conclusion of the AGM.

The final voting results and the scrutinizer's report will be submitted to stock exchanges by September 17, 2026. These documents will also be available on the company's website.

Valplast Technologies has recommended a final dividend of ₹1.00 per equity share for the financial year ended March 31, 2026. This payout represents 10% of the nominal value of ₹10.00 per share.

The Board of Directors approved the recommendation during its meeting on May 20, 2026. Shareholders must approve the dividend at the 13th Annual General Meeting scheduled for September 15, 2026.

Key Dates and Eligibility

Eligible shareholders will receive the dividend on or before October 14, 2026, provided the AGM approves the proposal. The record date for determining entitlement is fixed for September 8, 2026.

Tax Deduction and Compliance

Dividends are taxable in the hands of shareholders under the Income Tax Act, 2025, as amended by the Finance Act, 2026. The company will deduct tax at source (TDS) at prescribed rates.

Resident individuals receiving dividends up to ₹10,000 in FY26-27 are exempt from TDS. Others must provide valid PAN details to avoid a higher deduction rate of 20%. Non-resident shareholders may claim benefits under Double Tax Avoidance Agreements by submitting relevant certificates.

Shareholders must submit required tax documents, including Form 121 or lower withholding certificates, by September 5, 2026, at 6:00 pm. Late submissions may result in TDS at standard rates.