G M Polyplast Ltd (543239)

G M Polyplast announced its unaudited standalone and consolidated financial results for the half year ended September 30, 2026. Standalone profit before tax stood at ₹5.16 crore, with net cash from operating activities at negative ₹0.11 crore primarily due to working capital expansion in trade receivables and loans. On a consolidated basis, net cash generated from operating activities reached ₹1.99 crore. Standalone total assets expanded to ₹63.46 crore compared to ₹59.40 crore as of March 31, 2026.

• Standalone Profit Before Tax reported at ₹515.52 lakhs (₹5.16 Cr) for H1 ended Sep 30, 2026
• Consolidated Net Cash from Operating Activities came in at ₹199.42 lakhs (₹1.99 Cr)
• Standalone trade receivables increased to ₹3,056.24 lakhs from ₹2,537.14 lakhs as of March 2026
• Total standalone assets rose to ₹6,346.33 lakhs from ₹5,940.17 lakhs as of March 31, 2026
• Consolidated purchase of fixed assets stood at ₹178.72 lakhs during the half-year period

G M Polyplast has scheduled a Board of Directors meeting on Saturday, October 31, 2026, to consider and approve standalone and consolidated un-audited financial results for the half year ended September 30, 2026. The board will also review the statement of assets and liabilities, cash flow statement, and the limited review report. The company reported TTM revenue of Rs 199 Cr and PAT of Rs 17 Cr against a current market capitalization of Rs 92 Cr. This is a standard statutory intimation pursuant to Regulation 29 of SEBI LODR Regulations.

• Board meeting date: October 31, 2026 at 11:30 A.M.
• Agenda: Approval of Standalone and Consolidated Un-audited financial results for H1 ended September 30, 2026
• Review includes Statement of Assets and Liabilities, Cash Flow Statement, and Limited Review Report
• Trading window closure previously communicated to BSE

G M Polyplast Limited has announced the reconstitution of four key Board committees: Audit, Stakeholders Relationship, Nomination and Remuneration, and Corporate Social Responsibility. The changes follow the resignation of Independent Director Mr. Suhas Rane, effective August 31, 2026. The reconstitution was approved at the Board meeting held on August 27, 2026, to maintain statutory committee compositions.

• Reconstitution of 4 board committees approved on August 27, 2026
• Changes take effect from August 31, 2026 following resignation of Independent Director Suhas Rane
• Audit Committee to be chaired by Independent Director Mr. Subramanian Ramaswamy Vaidya
• Nomination & Remuneration and Stakeholders Relationship Committees to be chaired by Independent Director Mrs. Anjali Patil Sapkal

G M Polyplast Limited has approved the reconstitution of four board committees following the resignation of Independent Director Mr. Suhas Rane, effective August 31, 2026. The Audit Committee will now be chaired by Independent Director Subramanian Ramaswamy Vaidya, with Anjali Patil Sapkal and Managing Director Dinesh Sharma as members. The Stakeholders Relationship, Nomination and Remuneration, and CSR Committees have also been restructured effective August 31, 2026. This is a routine corporate governance adjustment to maintain compliance with statutory committee requirements.

• Board approved reconstitution of four board committees with effect from August 31, 2026
• Change triggered by the resignation of Independent Director Mr. Suhas Rane effective August 31, 2026
• Audit Committee reconstituted with Subramanian Ramaswamy Vaidya as Chairman
• Board meeting conducted on August 27, 2026, from 6:00 PM to 7:45 PM

Mr. Suhas Maruti Rane, an Independent Director at G M Polyplast Ltd, has resigned effective from the upcoming Annual General Meeting or August 31, 2026, whichever is earlier. He held significant governance roles, including Chairman of the Stakeholders Relationship Committee and membership in the Audit, Nomination & Remuneration, and CSR committees. The company, which has a market capitalization of Rs 98 Cr and TTM revenue of Rs 199 Cr, confirmed there are no material adverse reasons for his departure. Investors should note that the board will need to fill these committee vacancies to maintain regulatory compliance.

• Resignation effective from the conclusion of the AGM for FY ended March 31, 2026, or August 31, 2026.
• Director served as the Chairman of the Stakeholders Relationship Committee.
• Director was a member of 3 additional board committees: Audit, Nomination & Remuneration, and CSR.
• Company maintains a low Debt-to-Equity ratio of 0.04 with a TTM PAT of Rs 17 Cr.