Notice of 42nd AGM along with Annual Report 2025-26

PROMACT PLASTICS LIMITED (formerly known as Promact Impex Limited) [CIN: L25200GJ1985PLC007746] Registered Office: 12th Floor-1201, City Center-2, B/S Heer Party Plot, Nr. Shukan Mall Cross Road, Science City Road, Sola, Ahmedabad 380 060 Mobile No.: 98250 51364 Email: promactplastics@rediffmail.com, promactimpexltd@gmail.com 18th August, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001 Company Code No. 526494 Dear Sir; Sub: Submission of Notice of 42nd Annual General Meeting and Annual Report 2025-26 Pursuant to Regulation 30 and 34(1)(a) of SEBI (LODR) Regulations, 2015, we are enclosing herewith: - Notice of 42nd Annual General Meeting of the members of the Company along with Annual Report for the Financial Year 2025-26. Kindly acknowledge receipt of the same. Thanking you, Yours faithfully, for PROMACT PLASTICS LIMITED, KHUSHBU H. SHAH COMPANY SECRETARY & COMPLIANCE OFFICER Encl: As above. PROMACT PLASTICS LIMITED PROMACT IMPEX LIMITED (for(mFoerrmlye rklyn konwownn a ass P Prroommaacctt P Ilmaspticesx LLiimmitietde)d) [CIN: L25200GJ1985PLC007746] [CIN : L25200GJ1985PLC007746] 38TH A N N U A L R E P O R T 2 0 2 1 - 2 0 2 2 42nd ANNUAL REPORT 2025 – 2026 PROMACT PLASTICS LIMITED PROMACT IMPEX LIMITED (Formerly known as Promact Plastics Limited) PROMACT PLASTICS LIMITED [CIN: L25200GJ1985PLC007746] (formerly known as Promact Impex Limited) [CIN: L25200GJ1985PLC007746] 42nd ANNUAL REPORT 2025-26 BOARD OF DIRECTORS : Mr. Ankit J. Patel Managing Director 38TH Ms. Nikita J. Patel Director A N N U A L Mr. Akash D. Patel Independent Director (up to 29th July, 2026) R E P O R T Mr. Krunalkumar P. Patel Independent Director (up to 29th July, 2026) 2021-2022 Mr. Prakashchandra D. Patel Independent Director (w.e.f. 29th July, 2026) Mr. Babubhai H. Patel Independent Director (w.e.f. 29th July, 2026) CHIEF FINANCIAL OFFICER : Mr. Vipul F. Bhavsar CHIEF EXECUTIVE OFFICER : Mr. Jayantilal S. Patel (w.e.f. 12th November, 2025) COMPANY SECRETARY & : Ms. Khushbu H. Shah COMPLIANCE OFFICER BANKERS : The Mehsana Urban Co-Operative Bank Ltd., HO Mehsana. Sarvodaya Commercial Co-op Bank Ltd., Mehsana. STATUTORY AUDITORS : M/s. Fenil P. Shah & Associates Chartered Accountants, Ahmedabad SECRETARIAL AUDITORS : M/s. Kashyap R. Mehta & Partners, Company Secretaries, Ahmedabad REGISTERED OFFICE : 12th Floor-1201, City Center-2, B/s. Heer Party Plot, Nr. Shukan Mall Cross Road, Science City Road, Sola, Ahmedabad – 380 060 REGISTRAR & SHARE : MUFG Intime India Private Limited, TRANSFER AGENTS 506-508, Amarnath Business Centre-1 (ABC-1), Besides Gala Business Centre, Near St. Xavier’s College Corner, Off C.G. Road, Ahmedabad–380 006 WEBSITE : www.promactimpex.com ***** Important Communication to Members The Ministry of Corporate Affairs has taken a ‘Green Initiative in the Corporate Governance’ by allowing paperless compliances by the Compliances and has issued circulars stating that service of notice/ documents including Annual Report can be sent by email to its members. To support this green initiative of the Government in full measure, members who have not registered their email addresses, so far, are requested to register their KYC & email addresses with RTA & in respect of electronic holding with the Depository through their concerned Depository Participant. CONTENTS PAGE NOS. Notice 2-16 Directors’ Report 17-32 Independent Auditors’ Report 33-40 Balance Sheet 41 Statement of Profit & Loss 42 Cash Flow Statement 43 Notes to Financial Statements 46-61 Annual Report 2025-26 1 PROMACT PLASTICS LIMITED PROMACT IMPEX LIMITED (Formerly kNnowOn as PTromIaCct PlEastics Limited) [CIN: L25200GJ1985PLC007746] NOTICE IS HEREBY GIVEN THAT THE 42ND ANNUAL GENERAL MEETING OF THE MEMBERS OF PROMACT PLASTICS LIMITED WILL BE HELD ON MONDAY, THE 14TH SEPTEMBER, 2026 AT 3.00 P.M. IST THROUGH VIDEO CONFERENCING (“VC”)/ OTHER AUDIO-VISUAL MEANS (“OAVM”) TO TRANSACT THE FOLLOWING BUSINESS: ORDINARY BUSINESS: 1. 38TToH consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2026, the reports of the Board of Directors and Auditors thereon. A N N U A L R2.E PTOo aRppToint a Director in place of Mr. Ankit J. Patel (DIN: 02351167), who retires by rotation in terms of Section 2021-12520(62) 2of the Companies Act, 2013 and, being eligible, offers himself for re-appointment. SPECIAL BUSINESS: 3. To consider and, if thought fit, to pass with or without modification(s), the following Resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Section 204 and other applicable provisions, if any, of the Companies Act, 2013 read with Rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 and Regulation 24A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), other applicable laws/statutory provisions, if any, as amended from time to time (including any statutory modification(s) or amendment(s) thereto or re-enactment(s) thereof for the time being in force), and in accordance with the recommendation of Audit Committee and the Board of Directors of the Company, M/s. Kashyap R. Mehta & Partners, Practising Company Secretaries (FRN: P2025GJ106000, COP No.: 2052 and Peer Reviewed Certificate No. 6827/2025) be and are hereby appointed as Secretarial Auditors of the Company for a term of five (5) consecutive years to conduct the Secretarial Audit of five consecutive financial years commencing from financial year 2026-27 to 2030-31, at such fees, plus applicable taxes and other out-of-pocket expenses as may be approved by the Audit Committee and as may be mutually agreed upon between the Board of Directors of the Company and the Secretarial Auditors. RESOLVED FURTHER THAT approval of the members/shareholders be and is hereby accorded to the Board of Directors (hereinafter referred to as the ‘Board’ which expression shall include any Committee thereof or person(s) authorized by the Board) to avail or obtain from the Secretarial Auditor, such other services or certificates, reports, or opinions which the Secretarial Auditors may be eligible to provide or issue under the applicable laws, at a remuneration to be determined by the Audit committee/Board of Directors of the Company. RESOLVED FURTHER THAT the Board of Directors of the Company be and is hereby authorised to take all actions and do all such deeds, matters and things, as may be necessary, proper or desirable and to settle any question, difficulty or doubt that may arise in this regard.” 4. To consider and, if thought fit, to pass with or without modification, the following Resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Section 188, 196, 197, 203 read with Schedule V and other applicable provisions, if any, of the Companies Act, 2013, the Company do hereby accord its approval to the re- appointment of Mr. Ankit J. Patel (DIN:02351167) as Managing Director of the Company, liable to retire by rotation, for a period of 3 years with effect from 17th July, 2026 to 16th July, 2029 on the terms and conditions and the remuneration mentioned hereunder (which have been approved by Nomination and Remuneration Committee) and that he be paid remuneration (even in the year of losses or inadequacy of profit) by way of Salary, perquisites and Commission not exceeding the amount thereof as set out in the Explanatory Statement which is permissible under Section II of Part II of Schedule V of the Companies Act, 2013. “RESOLVED FURTHER THAT subject to the applicable laws, the extent and scope of Salary and Perquisites as specified in the Explanatory Statement be altered, enhanced, widened or varied by the Board of Directors in accordance with the relevant provisions of the Companies Act, 2013 for the payment of managerial remuneration in force during the tenure of the Managing Director without the matter being r [Showing first 8,000 characters — download PDF for full document]