Board Meeting30 May 2026, 01:01 pm
Ecoplast Ltd Board Approves FY26 Results, No Dividend Declared
AI Summary
Ecoplast Ltd's board meeting on May 30, 2026, approved audited financial results for the quarter and year ended March 31, 2026. The board decided not to recommend a dividend for FY26. M/s Kishore Bhatia & Associates and M/s Akkad Mehta & Co. LLP were re-appointed as Cost Auditors and Internal Auditors, respectively, for FY27. The record date for the amalgamation of Kunal Plastics Private Limited with Ecoplast Limited is fixed as June 12, 2026, with a share exchange ratio of 52:1.
Key Highlights
- Audited financial results for FY26 approved; no dividend declared.
- Kishore Bhatia & Associates re-appointed as Cost Auditors for FY27.
- Akkad Mehta & Co. LLP re-appointed as Internal Auditors for FY27.
- Record date for Kunal Plastics amalgamation set as June 12, 2026.
- Share exchange ratio for amalgamation is 52 Ecoplast shares for 1 Kunal Plastics share.
Price Impact
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