TPL Plastech MD, chairman, board of directors and AGM
NSE: TPLPLASTEHBSE: 526582Industrial ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹64.69.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹483 Cr1,839th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 4 Aug 2026
- 16.0
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 26 May 2026
- 2.9
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 2.10%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 4 Aug 2026
- 19.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 4 Aug 2026
- 23.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 26 May 2026
- 0.10
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,45,14725.1% delivered
TPL Plastech board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonM. K. Wadhwa
- Company Secretary and Compliance OfficerHemant Soni
6 directors2 independent4 non-executive
- M. K. Wadhwa · ChairpersonNon-executive · joined Jul 2006 · reappointed Sep 2024 · 2 listed boards
- Sanjaya KulkarniNon-executive · joined Jul 2006 · reappointed Sep 2024 · 2 listed boards · 3 committee seats, 2 as chair
- Mangesh SarfareNon-executive · joined Apr 2017 · reappointed Sep 2020 · 1 listed board · 2 committee seats
- Deepak BakhshiIndependent · joined May 2017 · reappointed Sep 2022 · 109 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 2 as chair
- Surya Pratap GuptaIndependent · joined Nov 2017 · reappointed Sep 2023 · 103 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Monika SrivastavaNon-executive · joined Aug 2014 · reappointed Sep 2014 · 1 listed board
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 26 May 20266 of 6 present2 independent · 103 days in between
- 11 Feb 20266 of 6 present2 independent
Audit Committee
Chair Deepak Bakhshi
Surya Pratap Gupta, Mangesh Sarfare
- 26 May 20263 of 3 present2 independent · 55 days in between
- 31 Mar 20263 of 3 present2 independent · 47 days in between
- 11 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Deepak Bakhshi
Surya Pratap Gupta, Mangesh Sarfare
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Sanjaya Kulkarni
Mangesh Sarfare, Deepak Bakhshi
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Monika Srivastava
Mangesh Sarfare, Deepak Bakhshi
- 26 May 20263 of 3 present1 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Raman S Shah & AssociatesPeer-review certificate valid to Dec 2026
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
TPL Plastech AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.TPL Plastech dividend history
Annual general meeting, 22 Sep 2026
29,770 shareholders on the register on 15 Sep 2026; present: 1 promoter and 40 others; votes counted by Arun Dash / Arun Dash and Associates.The company's voting result (opens in a new tab)
Adoption of the Audited (Standalone and Consolidated) Financial Statements of the Company for the financial year ended 31st March 2026, including the Audited Balance Sheet as at 31st March, 2026, the Statement of Profit & Loss and Cash Flow Statement for the year ended as on that date and the Report of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 76.80% · promoters 100.00% · institutions 4.50% · other public 7.78%
- Declaration of Dividend at the rate of Rs. 1.30/- per equity share (65%) on the face value of Rs. 2/- each for the financial year ended 31st March, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.80% · promoters 100.00% · institutions 4.50% · other public 7.78%
- To appoint Mr. Mangesh Sarfare (DIN: 07793543), who retires by rotation and being eligible, offers himself for re-appointment as a Director.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 76.80% · promoters 100.00% · institutions 4.50% · other public 7.78%
- Appointment of Mr. Pradip Kumar Das (DIN: 06593113) as an Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.80% · promoters 100.00% · institutions 4.50% · other public 7.78%
- To approve Material Related Party Transaction(s) with Time Technoplast Limited, the Holding Company.OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 1.93% · promoters 0.00% · institutions 4.50% · other public 7.77%
- To approve Material Related Party Transaction(s) with Avion Exim Private Limited, the Related Party.OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 1.93% · promoters 0.00% · institutions 4.50% · other public 7.77%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 9 Sep 2025, 6 resolutions
32,699 shareholders on the register on 2 Sep 2025; present: 1 promoter and 46 others; votes counted by Arun Dash / M/s Arun Dash and Associates.The company's voting result (opens in a new tab)
Adoption of the Audited (Standalone and Consolidated) Financial Statements of the Company for the financial year ended 31st March 2025, including the Audited Balance Sheet as at 31st March, 2025, the Statement of Profit & Loss and Cash Flow Statement for the year ended as on that date and the Report of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 76.79% · promoters 100.00% · institutions 0.04% · other public 7.70%
- Declaration of Dividend at the rate of Rs. 1/- per equity share (50%) on the face value of Rs. 2/- each for the financial year ended 31st March, 2025.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 76.79% · promoters 100.00% · institutions 0.04% · other public 7.70%
- To appoint Mrs. Monika Srivastava (DIN: 02055547), who retires by rotation and being eligible, offers herself for re-appointment as a Director.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 76.79% · promoters 100.00% · institutions 0.04% · other public 7.70%
- Appointment of M/s. Dash Dwivedi & Associates LLP as the Secretarial Auditor of the Company for a first term of 5 (five) years.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 76.79% · promoters 100.00% · institutions 0.04% · other public 7.70%
- To approve Material Related Party Transaction(s) with Time Technoplast Limited, the Holding Company for the Financial Year 2026 – 2027.OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 1.93% · promoters 0.00% · institutions 0.04% · other public 7.70%
- To approve Material Related Party Transaction(s) with Avion Exim Private Limited, the Related Party for the Financial Year 2026 – 2027.OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 1.93% · promoters 0.00% · institutions 0.04% · other public 7.70%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 26 Jul 2025, 2 resolutions
33,559 shareholders on the register on 20 Jun 2025; votes counted by Arun Dash / Arun Dash & Associates.The company's voting result (opens in a new tab)
- Material Related Party Transaction(s) with Time Technoplast Limited, the Holding Company for the Financial Year 2025 – 2026OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 1.96% · promoters 0.00% · institutions 17.74% · other public 7.74%
- Material Related Party Transaction(s) with Avion Exim Private Limited, the Related Party for the Financial Year 2025 – 2026OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 1.96% · promoters 0.00% · institutions 17.74% · other public 7.74%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 24 Sep 2024, 7 resolutions
Present: 1 promoter and 40 others.The company's voting result (opens in a new tab)
Adoption of Audited (Standalone and Consolidated) Financial Statements of the Company for the financial year ended 31st March, 2024, including the Audited Balance Sheet as at 31st March, 2024, the Statement of Profit & loss and Cash Flow Statement for the year ended on that date and the Report of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 76.11% · promoters 100.00% · institutions 0.00% · other public 5.04%
- Declaration of Dividend at the rate of Rs. 0.80/- per equity share (40%) on the face value of Rs. 2/- each for the financial year ended 31st March, 2024.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 76.11% · promoters 100.00% · institutions 0.00% · other public 5.04%
- To appoint Mr. Mangesh Sarfare (DIN: 07793543), who retires by rotation and being eligible, offers himself for re-appointment as a Director.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 76.11% · promoters 100.00% · institutions 0.00% · other public 5.04%
- Appointment of Mr. Mahinder Kumar Wadhwa (DIN: 00064148) as a Non - Executive Non - Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 76.11% · promoters 100.00% · institutions 0.00% · other public 5.04%
- Appointment of Mr. Sanjaya Kulkarni (DIN: 00102575) as a Non - Executive Non - Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 76.11% · promoters 100.00% · institutions 0.00% · other public 5.04%
- Introduction and Implementation of TPL Plastech Limited Employee Stock Option Plan 2024 - ( TPL PLASTECH ESOP 2024 ).Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 76.11% · promoters 100.00% · institutions 0.00% · other public 5.04%
To extend approval of TPL Plastech Limited Employee Stock Option Plan 2024 ( TPL PLASTECH ESOP 2024 ) to the employees of Holding Company, its Subsidiary Company (ies) and/or Associate Company(ies), Group Company(ies) (present and future).MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 76.11% · promoters 100.00% · institutions 0.00% · other public 5.04%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 16 Mar 2024, 2 resolutions
The company's voting result (opens in a new tab)
- Material modification in the approved limit of Related Party Transaction(s) with Time Technoplast Limited, the Holding Company for the Financial Year 2023 – 2024.OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 1.20% · promoters 0.00% · institutions 0.00% · other public 4.78%
- Material Related Party Transaction(s) with Time Technoplast Limited, the Holding Company for the Financial Year 2024 – 2025.OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 1.20% · promoters 0.00% · institutions 0.00% · other public 4.78%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 21 Sep 2023, 5 resolutions
Present: 1 promoter and 36 others.The company's voting result (opens in a new tab)
Adoption of Audited Financial Statements of the Company for the financial year ended 31st March, 2023, including the Audited Balance Sheet as at 31st March, 2023, the Statement of Profit & loss and Cash Flow Statement for the year ended on that date and the Report of the Board of Directors and Auditors.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.81% · promoters 100.00% · institutions 0.00% · other public 7.75%
- Declaration of Dividend at the rate of Rs. 0.60/- per equity share (30%) on the face value of Rs. 2/- each for the financial year ended 31st March, 2023.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.81% · promoters 100.00% · institutions 0.00% · other public 7.75%
- To appoint Mrs. Monika Srivastava (DIN: 02055547), who retires by rotation and being eligible, offers herself for re-appointment as a Director.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.81% · promoters 100.00% · institutions 0.00% · other public 7.75%
- To approve Material Related Party Transaction(s) with Time Technoplast Limited, the Holding Company of TPL Plastech Limited.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 1.94% · promoters 0.00% · institutions 0.00% · other public 7.75%
- Re-appointment of Mr. Surya Pratap Gupta (DIN 07280370) as an Independent Director of the Company for the Second Term of five years.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.81% · promoters 100.00% · institutions 0.00% · other public 7.75%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 28 Sep 2022, 7 resolutions
Present: 1 promoter and 41 others.The company's voting result (opens in a new tab)
Adoption of Audited Financial Statements of the Company for the financial year ended 31st March, 2022, including the Audited Balance Sheet as at 31st March, 2022, the Statement of Profit & loss and Cash Flow Statement for the year ended on that date and the Report of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.57% · promoters 100.00% · institutions 0.00% · other public 2.83%
- Declaration of Dividend at the rate of Rs. 2/- per equity share (20%) on the face value of Rs. 10/- each for the financial year ended 31st March, 2022.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.57% · promoters 100.00% · institutions 0.00% · other public 2.83%
- To appoint Mr. Mangesh Sarfare (DIN: 07793543), who retires by rotation and being eligible, offers himself for reappointm ent as a Director.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 75.57% · promoters 100.00% · institutions 0.00% · other public 2.83%
- Re-appointment of M/s. Raman S Shah & Associates as Statutory Auditors of the Company for a second term of 5 (five) years.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 75.57% · promoters 100.00% · institutions 0.00% · other public 2.83%
- Re-appointment of Mr. Deepak Bakhshi (DIN 07344217) as an Independent Director of the Company for the Second Term of five years.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 75.57% · promoters 100.00% · institutions 0.00% · other public 2.83%
- Sub-division of Equity Shares from face value of Rs. 10/- per equity share to face value of Rs. 2/- per equity share.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.57% · promoters 100.00% · institutions 0.00% · other public 2.83%
- Alteration of Capital Clause of the Memorandum of Association of the Company consequent upon sub-division of equity shares.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.57% · promoters 100.00% · institutions 0.00% · other public 2.83%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 9 Sep 2021, 5 resolutions
Present: 1 promoter and 37 others.The company's voting result (opens in a new tab)
Adoption of Audited Financial Statements (both – Standalone and Consolidated) of the Company for the financial year ended 31st March, 2021, including the Audited Balance Sheet as at 31st March, 2021, the Statement of Profit & loss and Cash Flow Statement for the year ended on that date and the Report of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.35% · promoters 100.00% · institutions 0.00% · other public 5.42%
- Declaration of Dividend at the rate of Rs. 3.50 per equity share on the face value of Rs. 10/- each for the financial year ended 31st March, 2021.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.35% · promoters 100.00% · institutions 0.00% · other public 5.42%
- To appoint Mr. Anil Jain (DIN: 00183364), who retires by rotation and being eligible, offers himself for re-appointment as a Director.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.35% · promoters 100.00% · institutions 0.00% · other public 5.42%
- Increase in Authorized Share Capital and consequential amendment to Memorandum of Association of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.35% · promoters 100.00% · institutions 0.00% · other public 5.42%
- Issue of Bonus Shares in the proportion of 1 (One) new fully paid-up equity share of Rs. 10/- each for every 1 (One) existing fully paid-up equity share of Rs. 10/- each.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.35% · promoters 100.00% · institutions 0.00% · other public 5.42%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.