Annual Report for FY 2025-26

62-5202 TROPER LAUNNA HT43 MPL PLASTICS LIMITED MPL PLASTICS LIMITED CORPORATE INFORMATION BOARD OF DIRECTORS Madhup Bansilal Vaghani - Chairman & Whole Time Director Radhika Sameer Rane - Woman & Non Executive-Non Independent Director Gopal Ajay Malpani - Independent Non-Executive Director Devendra Kumar Negi - Independent Non-Executive Director CHIEF FINANCIAL OFFICER Pankaj B. Bhaya* Milan B. Bhaya** *Appointed w.e.f. 28th May, 2025 **Resigned w.e.f. 20th May, 2025 COMPANY SECRETARY AND COMPLIANCE OFFICER Vishakha Jain STATUTORY AUDITORS Jain Vinay & Associates, Chartered Accountants, Mumbai SECRETARIAL AUDITORS Vikas R Chomal & Associates, Practicing Company Secretaries, Mumbai BANKERS HDFC Bank Limited Bank of Baroda REGISTERED OFFICE 2, Ashish Warehouse Corporation, Punjab Foundry Indl. Est. Near Classic Studio, Mira Bhayander Road, Kashimira, Mira Road East, Dist. Thane, Maharashtra, India 401104 REGISTRAR AND SHARE TRANSFER AGENT MUFG Intime India Private Limited C-101,Embassy 247, LBS.Marg, Vikhroli (West), MUMBAI - 400083 Contact No. (0) 810 811 6767 Fax No. 022-49186060 Email Id: investor.helpdesk@in.mpms.mufg.com CIN: L25209MH1992PLC066635 Email ID: vishakhaj@mplindia.in Website: www.mplindia.in 34th Annual Report 2025-26 NOTICE Notice is hereby given that the 34th Annual General Meeting of the Members of MPL Plastics Limited will be held on Monday, 28th September, 2026 at 11.30 AM at the Registered Office of the Company situated at 2, Ashish Warehouse Corporation, Punjab Foundry Industrial Estate, Near Classic Studio, Mira Bhayander Road, Kashimira, Mira-Road East, Dist. Thane, Maharashtra, India 401104 to transact the following business: ORDINARY BUSINESS: 1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March 2026 together with the Reports of the Board of Directors and Statutory Auditors thereon including annexures thereto. 2. To appoint a Director in place of Mrs. Radhika Sameer Rane (DIN: 08126818), Woman Non-Executive Non-Independent Director, who retires by rotation and, being eligible, offers herself for re-appointment, as a “Director” of the Company and if thought fit, to pass the following resolution as an Ordinary Resolution: “ RESOLVED THAT pursuant to the provision of Section 152 and other applicable provisions of the Companies Act, 2013 and/or the Rules framed thereunder, the approval of the Shareholders of the Company be and is hereby accorded for the re-appointment of Mrs. Radhika Sameer Rane (DIN: 08126818) as a “Director” of the Company, who shall be liable to retire by rotation.” 3. To Re-appoint M/s. Jain Vinay & Associates, Chartered Accountants (ICAI Firm Registration No. 006649W), as Statutory Auditors of the Company and if thought fit, to pass the following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Sections 139, 142 and other applicable provisions, if any, of the Companies Act, 2013 read with the Companies (Audit and Auditors) Rules, 2014, as amended from time to time, and pursuant to the recommendation of the Board of Directors, M/s. Jain Vinay & Associates, Chartered Accountants (ICAI Firm Registration No. 006649W), be and are hereby re-appointed as the Statutory Auditors of the Company to hold office for a term of five consecutive years from the conclusion of the 34th Annual General Meeting until the conclusion of the 39th Annual General Meeting of the Company, at such remuneration as may be fixed by the Board of Directors of the Company in consultation with the Statutory Auditors, in addition to reimbursement of out-of-pocket expenses and applicable taxes. RESOLVED FURTHER THAT the Board of Directors of the Company be and is hereby authorized to do all such acts, deeds, matters and things as may be necessary, proper or expedient to give effect to this resolution.” By order of the Board For MPL Plastics Limited Madhup Bansilal Vaghani Chairman & Whole-Time Director DIN: 00067115 CIN: L25209MH1992PLC066635 Email: vishakhaj@mplindia.in Website: www.mplindia.in Registered Office:- 2, Ashish Warehouse Corporation, Punjab Foundry Industrial, Estate, Near Classic Studio, Mira Bhayander Road, Kashimira, Mira Road (East), Dist. Thane, Maharashtra, India – 401104 Tel. No. 022-28455450 Place: Thane Date: 28th May, 2026 Notes: 1. The statement pursuant to Section 102(1) of the Companies Act, 2013 with respect to the Special business set out in the Notice is annexed. MPL PLASTICS LIMITED 2. A MEMBER ENTITLED TO ATTEND AND VOTE AT THE MEETING IS ENTITLED TO APPOINT PROXY TO ATTEND AND VOTE INSTEAD OF HIMSELF / HERSELF AND THE PROXY SO APPOINTED NEED NOT BE A MEMBER OF THE COMPANY. The enclosed proxy form should be deposited at the Registered Office of the Company not less than 48 hours before the commencement of the AGM. A person shall not act as a Proxy for more than 50 members and holding in the aggregate not more than ten percent of the total voting share capital of the Company. However, a single person may act as a proxy for a member holding more than ten percent of the total voting share capital of the Company provided that such person shall not act as a proxy for any other person. 3. Corporate members intending to authorise its representatives to attend the Meeting are requested to submit to the Company at its Registered Office, a certified copy of Board Resolution authorising their representative to attend and vote on their behalf at the Meeting. 4. M/s. MUFG Intime India Pvt. Ltd. C-101, Embassy 247, LBS. Marg, Vikhroli (West), MUMBAI - 400083, are the Registrar and Share Transfer Agent of the Company. You are requested to forward all your correspondence relating to the shares of the Company to them directly at the aforesaid address. 5. In case of joint holders attending the meeting, only such joint holder whose name appears as the first holder in the order of names will be entitled to vote during the AGM. 6. In view of relaxations given by MCA circulars and SEBI circulars, the Annual Report including Financial Statements, Auditor’s Report, Board Report, Notice of AGM, along with the all annexure and attachments thereof is being sent through email to those Members whose email addresses are registered with the Company /Depositories and no physical copy of the same will be sent by the Company, unless any member has requested for a physical copy of the same. Members may note that the Notice and Annual Report of the Company for the financial year 2025-26 will also be made available on the Company’s website at www.mplindia.in and on website of the Bombay Stock Exchange. 7. Details under Regulation 36 (3) of the SEBI [Listing Obligations and Disclosure Requirements] Regulations, 2015 in respect of the Directors seeking appointment/ reappointment at the Annual General Meeting, forms integral part of the notice. 8. The Register of Members and Share Transfer Books of the Company shall remain closed from Monday, 21st September, 2026 to Sunday, 27th September 2026 (both days inclusive). 9. Members desirous of obtaining any information concerning the accounts and operations of the Company are requested to address their queries to the Company Secretary at the Registered Office of the Company, so as to reach him at least seven days before the date of Meeting. 10. SEBI has mandated the submission of PAN, KYC details and nomination by holders of physical securities by 30th September, 2023, and linking PAN with Aadhaar by 30th June, 2023 vide SEBI Circular No. SEBI/HO/MIRSD/MIRSDPoD- 1/P/CIR/2023/37 dated 16th March, 2023 (“SEBI Circular”), it is mandatory for the physical shareholders to update PAN, Address, Email ID, Mobile No., Bank account details (KYC details) and Nomination details with MUFG Intime India Private Limited, Registrar and Transfer Agent (RTA) / Company. The RTA/ Company had sent Form ISR-1 for KYC updation, ISR- 2 for bank details, Form SH-13/ ISR-3 in respect of nomination to physical shareho [Showing first 8,000 characters — download PDF for full document]