StockWatch
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Plastic Products - Industrial
Management Change31 Jul 2026, 07:10 pm

National Plastic Technologies Reappoints MD Arihant Parakh for 3 Years

AI Summary

National Plastic Technologies Ltd announced the reappointment of Mr. Arihant Parakh as Managing Director for a further period of 3 years, effective from September 25, 2026, up to September 24, 2029. This reappointment is subject to shareholder approval at the upcoming Annual General Meeting. The company also approved the unaudited standalone financial results for the quarter ended June 30, 2026, and reappointed C.A. Patel & Associates as statutory auditors for five years. Mr. Parakh, with over 20 years of experience in the plastic industry, has been instrumental in focusing on the company's profitability.

Key Highlights

  • Mr. Arihant Parakh reappointed as MD for 3 years.
  • Reappointment is subject to shareholder approval.
  • Unaudited financial results for Q1 FY27 declared.
  • Statutory auditors reappointed for five years.
  • Mr. Parakh has over 20 years of industry experience.