Polymechplast Machines Ltd

Dematerialisation and listing status

• All dematerialisation requests received in the quarter were processed and confirmed to the depositories.
• Securities dematerialised have been listed on the stock exchanges where the earlier issued securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled; depository name substituted as registered owner within 15 days.

Polymechplast Machines Limited — Trading Window closure from 1st October, 2026 till 48 hours after the announcement of the Financial Results for the Quarter and Half Year ended 30 September, 2026.

Financial Highlights

• Standalone revenue from operations rose to ₹6,893.10 Lakhs.
• Total income stood at ₹7,386.55 Lakhs; PAT ₹288.45 Lakhs.
• Standalone EPS ₹5.15; Consolidated EPS ₹5.72.
• PBT stood at ₹378.14 Lakhs (standalone); ₹433.84 Lakhs (consolidated).
• Dividend of ₹1 per share recommended; record date 22 Sep 2026.
• Equity capital ₹560.17 Lakhs; no new shares issued in 2025-26.
• Consolidated revenue ₹6,893.10 Lakhs; net profit ₹320.41 Lakhs.

Dividend & Capital Allocation

• Dividend policy exists and is published on the company website.
• Proposed dividend: ₹1 per equity share for FY2025-26; record date 22 Sep 2026.
• Share capital remains ₹560.17 Lakhs; no equity dilution in year.
• Unpaid/unclaimed dividends transferred to Investor Education and Protection Fund (IEPF) for prior years.

Operations & Strategy

• Products span injection and blow moulding, GOLDCOIN brand.
• ProteK IoT capabilities; emphasis on Industry 4.0 and energy efficiency.
• Higher-tonnage models: 550T, 760T+ expansions to address larger applications.
• Domestic market focus with expanding export footprint.
• Exhibitions: Raj Plast 2025, PlastIndia 2026; broadened customer access.
• Strategic priorities include tech upgrades, smart manufacturing, and after-sales service.

Governance & Compliance

• Board comprised of six directors: 3 executive, 3 independent; one woman director.
• Independent Directors meet; Audit, NRC and SRC committees in place.
• Devang Rasiklal Shah appointed as Independent Director for five years from 27 Aug 2026.
• Statutory Auditor CNK & Associates; Secretarial Auditor Devesh Pathak; Internal Auditor K R & Associates.
• No material related party transactions; RPT policy disclosed; one-time RPT disclosure delay penalty paid and resolved.

Capital Structure & Liquidity

• Equity capital ₹560.17 Lakhs; no equity issuance in FY2025-26.
• Total borrowings ₹468.29 Lakhs; overdraft ₹457.52 Lakhs outstanding.
• Current ratio 1.19; debt-equity ratio 0.17.

Risk & Outlook

• India's plastics machinery sector presents growth opportunities amid automation trends.
• Risks include raw material price volatility, currency fluctuations, and geopolitics.
• Management emphasizes cost discipline, working capital efficiency and capital discipline.

AGM & Investor Communications

• 39th AGM scheduled for 30 September 2026 via VC/OAVM.
• Remote e-voting from 27 Sep 2026 9:00 to 29 Sep 2026 17:00.
• KYC updates and Demat details advised for dividend payments.
• Investor grievances handled through the designated company secretary and RTA.

Key dates and dividend timing

• AGM scheduled for 30 September 2026 at 3:00 PM via VC/OAVM.
• Book Closure: 24 September 2026 to 30 September 2026 inclusive.
• Record Date: 22 September 2026.
• Purpose: Final dividend for FY ended 31 March 2026 and for e-voting.
• Dividend, if approved, paid from 12 October 2026 subject to TDS.
• Other Board Meeting outcomes remain unchanged.

Board committee reconstitution and new independent director

• Appointed Devang Rasiklal Shah as Additional Non-Executive Independent Director for five-year tenure starting 27 August 2026.
• Directorship to hold office up to the next Annual General Meeting.
• Tenure is five consecutive years commencing from 27 August 2026.
• Board committees reconstituted effective 27 August 2026.
• Audit Committee: Amit Shah (Chairman), Asmani Surve (Member), Mahendrabhai Bhuva (Member), Devang Shah (Member).
• Nomination and Remuneration Committee: Asmani Surve (Chairperson), Mahendrabhai Bhuva (Member), Amit Shah (Member), Devang Shah (Member).
• Stakeholders Relationship Committee: Amit Shah (Chairman), Asmani Surve (Member), Mahendrabhai Bhuva (Member), Anand Bhuva (Member), Devang Shah (Member).

Appointment of Independent Director

• Appointment of Mr. Devang Rasiklal Shah as Additional Director and Non-Executive Independent Director.
• Tenure: 5 years, from 27 August 2026 to 26 August 2031.
• Effective subject to shareholder approval at the ensuing AGM.
• Profile: 30+ years in international business, cross-border operations, regulatory compliance, and supply chain.
• No related party relationships with other directors.
• Not debarred/disqualified by SEBI or other authorities.
• Nil shareholding in the company.

Appointments

• Appointed Devang Rasiklal Shah as Additional Director and Non-Executive Independent Director for 5-year term.
• Term from 27 Aug 2026 to 26 Aug 2031.
• Profile: 30+ years in international business and cross-border operations.

Board Actions

• Approved reconstitution of various committees.
• Independence and eligibility affirmed; not debarred by SEBI or authorities.

Financials & board actions

• Consolidated revenue from operations: Rs 992.64 lakhs; total income: Rs 1,017.09 lakhs.
• Net profit after tax and share of associate's loss: Rs -79.68 lakhs.
• EPS (basic and diluted): Rs -1.42.
• Independent director Chirag Shah resigned; effective 7 Aug 2026; ceases Audit, Nomination & Remuneration, Stakeholders Relationship Committees.
• Appointment of Himmatlal Parshottambhai Bhuva as director; retirement by rotation; eligible for re-appointment.
• Fixed book closure: 18-24 Sep 2026; AGM on 24 Sep 2026 at 3:00 PM via VC/OAVM.
• Appointed Scrutinizer: M/s Devesh Pathak & Associates for remote voting.
• Board approved the Board Report for year ended 31 Mar 2026; re-constitution of board committees.
• Single segment: manufacturing of plastic processing machines.