Wim Plast (Delisted) logo

Wim Plast (Delisted) CEO, MD, chairman, board of directors and AGM

BSE: 526586Consumer Durables

Last traded ₹335.30 on 8 Jun 2026

Delisted on 12 Oct 2026.

Wim Plast board of directors

At the end of the quarter to Mar 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing director and CEOPradeep Ghisulal RathodRelated to the promoter
  • Managing directorPankaj Ghisulal Rathod
  • Company Secretary and Compliance OfficerDarsha Adodra

6 directors3 independent2 executive1 non-executive

  • Pradeep Ghisulal Rathod · Chairperson and managing director and CEOExecutive · joined Oct 1988 · reappointed Jun 2024 · 2 listed boards · 3 committee seats
  • Pankaj Ghisulal Rathod · Managing directorExecutive · joined Oct 1988 · reappointed Jun 2022 · 2 listed boards · 2 committee seats
  • Gaurav Pradeep RathodNon-executive · joined Jun 2020 · reappointed Aug 2025 · 2 listed boards · 2 committee seats, 1 as chair
  • Piyush Sohanraj ChhajedIndependent · joined Mar 2020 · reappointed Mar 2025 · 72 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 3 as chair
  • Rasna Raghu PatelIndependent · joined Nov 2018 · reappointed Nov 2023 · 88 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Ramesh Fatehchand RankaIndependent · joined Mar 2026 · reappointed Mar 2026 · 0 months as independent · 1 listed board · 1 as independent · 2 committee seats

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.

1 director who left
  • Sudhakar Laxman Mondkar, left 7 Mar 2026: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 14 Feb 20266 of 6 present3 independent · 95 days in between
    • 10 Nov 20256 of 6 present3 independent

  • Audit Committee

    Chair Piyush Sohanraj Chhajed

    Pradeep Ghisulal Rathod, Rasna Raghu Patel, Ramesh Fatehchand Ranka

    • 14 Feb 20264 of 4 present3 independent
    • 10 Nov 20254 of 4 present3 independent

  • Nomination and remuneration committee

    Chair Piyush Sohanraj Chhajed

    Gaurav Pradeep Rathod, Ramesh Fatehchand Ranka

    • 14 Feb 20263 of 3 present2 independent · 95 days in between
    • 10 Nov 20253 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Gaurav Pradeep Rathod

    Rasna Raghu Patel, Pradeep Ghisulal Rathod, Pankaj Ghisulal Rathod, Ramesh Fatehchand Ranka

    • 14 Feb 20265 of 5 present2 independent · 95 days in between
    • 10 Nov 20255 of 5 present2 independent

  • Risk Management Committee

    Chair Pradeep Ghisulal Rathod

    Piyush Sohanraj Chhajed, Pankaj Ghisulal Rathod, Gaurav Pradeep Rathod

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair Pradeep Ghisulal Rathod

    Rasna Raghu Patel, Pankaj Ghisulal Rathod

    No meeting listed in the filing.

  • Independent Directors Committee

    Chair Sudhakar Laxman Mondkar and Ramesh Fatehchand Ranka

    Rasna Raghu Patel, Piyush Sohanraj Chhajed

    No meeting listed in the filing.

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 2025.

  • M/S JESWANI & RATHOREPeer-review certificate valid to May 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.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 6 Dec 2025, 1 fund house

  • Approve Scheme of Arrangement
    1 for0 against

Mutual fund votes, meeting of 8 Aug 2025, 1 fund house

  • Accept Financial Statements and Statutory Reports
    1 for0 against
  • Approve Final Dividend
    1 for0 against
  • Approve HSPN & Associates, LLP, Practicing Company Secretaries as Secretarial Auditor and Authorize Board to Fix Their Remuneration
    1 for0 against
  • Approve Remuneration of Cost Auditors
    1 for0 against
  • Reelect Gaurav P. Rathod as Director
    1 for0 against
6 earlier meetings

Mutual fund votes, meeting of 10 Aug 2024, 1 fund house

  • Accept Financial Statements and Statutory Reports
    1 for0 against
  • Approve Final Dividend
    1 for0 against
  • Approve Reappointment and Remuneration of Pradeep G. Rathod as Managing Director and CEO
    1 for0 against
  • Approve Remuneration of Cost Auditors
    1 for0 against
  • Reelect Gaurav P. Rathod as Director
    1 for0 against
  • Reelect Piyush S. Chhajed as Director
    1 for0 against

Mutual fund votes, meeting of 11 Aug 2023, 1 fund house

  • Accept Consolidated Financial Statements and Statutory Reports
    1 for0 against
  • Accept Standalone Financial Statements and Statutory Reports
    1 for0 against
  • Approve Final Dividend
    1 for0 against
  • Approve Remuneration of Cost Auditors
    1 for0 against
  • Reelect Karishma P. Rathod as Director
    Against HSBC Mutual Fund
    • HSBC Mutual FundA vote AGAINST the following nominee is warranted because: • The board independence norms are not met (based on our reclassification) and Karishma Rathod is a non-independent director nominee.
    0 for1 against
  • Reelect Rasna R. Patel as Director
    1 for0 against

Mutual fund votes, meeting of 24 Mar 2023, 1 fund house

  • Approve Loan(s) and/or Guarantee(s) and/or Provide Security(ies) in Connection with Loan to be Availed by Cello World Pvt. Ltd., Holding Company of the Company
    Against HSBC Mutual Fund
    • HSBC Mutual FundWe spoke to the company regarding loan up to Rs1bn to hold co Cello World Pvt. Ltd. Management indicated that the loan is being given for expansion of Cello World pvt. Ltd. and they could get better interest rate vs. other investment options. As minority shareholders of Wim Plast ltd., the above action is a clear red flag where in the loan is given to a promoter company.
    0 for1 against
  • Approve Material Related Party Transaction(s) with Cello World Pvt. Ltd.
    Against HSBC Mutual Fund
    • HSBC Mutual FundWe spoke to the company regarding loan up to Rs1bn to hold co Cello World Pvt. Ltd. Management indicated that the loan is being given for expansion of Cello World pvt. Ltd. and they could get better interest rate vs. other investment options. As minority shareholders of Wim Plast ltd., the above action is a clear red flag where in the loan is given to a promoter company.
    0 for1 against

Mutual fund votes, meeting of 10 Aug 2019, 1 fund house

  • Adoption of financial statements for the year ended 31 March 2019
    0 for0 against

    1 abstained

  • Appoint Ms. Rasna Patel (DIN: 08273754) as Independent Director for a term of five years from 5 November 2018
    Against DSP Mutual Fund
    • DSP Mutual FundMs. Rasna Patel, 27, is a law graduate and Company Secretary by profession. Rasna Patel, although academically well qualified, does not have enough experience to be on the board of a listed company.
    0 for1 against
  • Approve alteration of certain Clauses of the Memorandum of Association (MoA)
    1 for0 against
  • Approve continuation of Fatehchand Shah (DIN: 00061717) as a Non-Executive & Non-Independent Director from 20 March 2020 till the end of his tenure
    Against DSP Mutual Fund
    • DSP Mutual FundFatehchand Shah, 74, belongs to the promoter family. Recent changes in SEBI’s LODR require directors having attained the age of 75 to be re-approved by shareholders through a special resolution. He has attended 25% of the board meetings in FY19 and 53% of the meetings over the past three years. We have a threshold of 75% attendance of the board meetings in the three-years prior to re-appointment. We expect directors to take their responsibilities seriously and attend all board meetings. Therefore, we do not support his continuation as non-executive non-independent director.
    0 for1 against
  • Approve continuation of Ghisulal Rathod (DIN: 00027607) as Non-Executive Non-Independent Director
    1 for0 against
  • Approve continuation of Pushapraj Singhvi (DIN: 00255738) as Independent Director
    Against DSP Mutual Fund
    • DSP Mutual FundPushapraj Singhvi, 76, holds over five decades of experience in Sales, Marketing and Commercial in Petrochemical companies. Recent changes in SEBI’s LODR require directors having attained the age of 75 to be re-approved by shareholders through a special resolution. Pushapraj Singhvi is over 75 years, by bringing in this resolution now, we believe the company is in violation of the timelines. He has attended 50% of the board meetings in FY19 and 60% of the meetings over the past three years. We have a threshold of 75% attendance of the board meetings in the three-years prior to re-appointment. We expect directors to take their responsibilities seriously and attend all board meetings. Therefore, we do not support his continuation as an independent director.
    0 for1 against
  • Approve continuation of Sudhakar Mondkar (DIN: 07458093) as an Independent Director from 22 July 2021 till the end of his tenure
    1 for0 against
  • Approve continuation of Sumermal Khinvesra (DIN: 02372984) as Independent Director
    Against DSP Mutual Fund
    • DSP Mutual FundSumermal Khinvesra, 79, is the Senior Partner at Chhajed & Doshi and has over five decades years of professional experience. Recent changes in SEBI’s LODR require directors having attained the age of 75 to be re-approved by shareholders through a special resolution. Sumermal Khinvesra is over 75 years, by bringing in this resolution now, we believe the company is in violation of the timelines. He has served on the board for the past 11 years. We consider directors to be non-independent once they cross a tenure of ten years from the date of their first appointment. Therefore, we do not support his continuation as an independent director. The board must consider reappointing Sumermal Khinvesra as a non-independent non-executive director.
    0 for1 against
  • Approve remuneration of Rs. 50,000 for Pradip Damania as cost auditors for FY20
    1 for0 against
  • Declare final dividend of Rs. 7.0 per equity share (face value Rs. 10.0) for FY19
    1 for0 against
  • Reappoint Fatehchand Shah (DIN: 00061717) as Non-Executive Non-Independent Director
    Against DSP Mutual Fund
    • DSP Mutual FundFatehchand Shah, 74, is the promoter and has served on the board for the past 26 years. He has attended 25% of the board meetings in FY19 and 53% of the meetings over the past three years. We expect directors to take their responsibilities seriously and attend all board meetings; else, at the very least, attend 75% of the board meetings over a three-year period.
    0 for1 against
  • Reappoint Ghisulal Rathod (DIN: 00027607) as Non-Executive Non-Independent Director
    1 for0 against
  • Reappoint Mahendra Sundesha (DIN: 01532570) as Independent Director for a further term of five years w.e.f. 1 April 2019
    1 for0 against
  • Reappoint of Pushapraj Singhvi (DIN: 00255738) as Independent Director for a further term of five years from 1 April 2019
    Against DSP Mutual Fund
    • DSP Mutual FundPushapraj Singhvi, 76, holds over five decades of experience in Sales, Marketing and Commercial in Petrochemical companies. He has served on the board for the past five years. He has attended 50% of the board meetings in FY19 and 60% of the meetings over the past three years. We have a threshold of 75% attendance of the board meetings in the three-years prior to re-appointment. We expect directors to take their responsibilities seriously and attend all board meetings.
    0 for1 against
  • Reappoint Pradeep Rathod (DIN: 00027527) as the Managing Director and CEO and fix his remuneration
    1 for0 against
  • Reappoint Sumermal Khinvesra (DIN: 02372984) as Independent Director for a further term of five years from 1 April 2019
    Against DSP Mutual Fund
    • DSP Mutual FundSumermal Khinvesra, 79, is the Senior Partner at Chhajed & Doshi. He has over five decades years of professional experience and has served on the board for the past 11 years. Although his reappointment is compliant with regulations, we consider directors to be non-independent once they cross a tenure of ten years from the date of their first appointment. Therefore, we do not support his reappointment as an independent director. The board must consider reappointing Sumermal Khinvesra as a non-independent non-executive director.
    0 for1 against

Mutual fund votes, meeting of 8 Sep 2017, 1 fund house

  • Appoint Jeswani & Rathore as statutory auditors for five years at a remuneration of Rs 1.7 mn p.a
    1 for0 against

Mutual fund votes, meeting of 12 Aug 2017, 1 fund house

  • Adopt standalone and consolidated financial statements for the year ended 31 March 2017
    1 for0 against
  • Approve dividend of Rs 7.0 on equity shares (face value Rs 10)
    1 for0 against
  • Authorize the board to fix remuneration for Pradip M. Damania as cost auditor for FY18
    1 for0 against
  • Reappoint B. P. Shah & Co. as statutory auditors for one year
    Against DSP Mutual Fund
    • DSP Mutual FundBharat P. Shah in his individual capacity was the statutory auditor of Wim Plast Ltd. (WPL) from FY98 (atleast) till FY13. From FY14 onwards, his audit firm B. P. Shah & Co. Was appointed as the auditor. Bharat P. Shah has been signing the accounts of the company since FY98. Hence, the aggregate tenure for the auditor / group is 20+ years. We believe auditors / audit group must be rotated once every 10 years. The reappointment is neither in line with our voting policy nor complies with Section 139 of the Companies Act 2013.
    0 for1 against
  • Reappoint Fatechand M. Shah (DIN-00061717) as director liable to retire by rotation
    1 for0 against
  • Reappoint Ghisulal Rathod (DIN-00027607) as director liable to retire by rotation
    1 for0 against
  • To charge fees from shareholders in advance for the dispatch of documents in the mode requested by them
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

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

None open at any 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
Yes
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.