Bai-Kakaji Polymers Ltd

Bai-Kakaji Polymers Ltd. announced the approval of audited standalone and consolidated financial results for the half year and financial year ended March 31, 2026, following a Board of Directors meeting held on May 29, 2026. The auditors' report confirms an unmodified opinion. The meeting commenced at 4:00 PM and concluded at 5:10 PM. The information will be available on the company's website.

Bai-Kakaji Polymers Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the audited standalone and consolidated financial results for the half year and financial year ended March 31, 2026. The trading window for dealing in the company's securities has been closed from April 1, 2026, until 48 hours after the financial results are made public, in compliance with insider trading regulations.

Bai-Kakaji Polymers Ltd has submitted the initial and second Monitoring Agency Reports by Brickwork Ratings India Private Limited for the quarter and half year ended March 31, 2026, regarding the utilization of IPO proceeds. The reports, as per SEBI (LODR) Regulations, 2015, and SEBI (ICDR) Regulations, 2018, indicate no deviations from the IPO's stated objectives. The first monitoring agency report is for the quarter ended December 31, 2025, in relation to the Fresh Issue of Equity Shares. The funds raised by the Company were through Fresh Issue of Equity Shares aggregating to Gross proceeds of ₹105.17 Crore.

Bai-Kakaji Polymers Ltd. received a declaration from its Promoter and Promoter Group stating that no encumbrance was created, invoked, or released on the company's shares during the financial year 2025-26. This disclosure is in compliance with Regulation 31(4) of SEBI (SAST) Regulations, 2011. The declaration includes a list of promoters and members of the promoter group along with their shareholding as of March 31, 2026.

Bai-Kakaji Polymers Ltd has announced that the trading window will remain closed from 1st April, 2026 till 48 hours after the declaration of the Audited Financial Results for the half year and financial year ending on March 31, 2026. This closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the Code of Internal Procedures and Conduct. All Designated Persons and their immediate relatives are advised not to deal in the Equity Shares of the Company during this period. The date of the Board Meeting for consideration of these financial results will be intimated in due course.

Bai-Kakaji Polymers Limited (the Company) has entered into a loan agreement with its wholly owned subsidiary, Mundada Polymers Private Limited, to provide a loan up to Rs. 10.00 crores. The loan will be used by Mundada Polymers to acquire plant & machineries & raw materials. The agreement does not contain any special rights and the interest rate is 7.50%. The tenor of the loan is up to 5 years. The transaction is at arm’s length and falls within related party transactions as the borrower is a wholly owned subsidiary of the Company. The loan is unsecured.

Bai-Kakaji Polymers Ltd has appointed M/s DSV & Associates, a peer reviewed Company Secretaries firm, as the Secretarial Auditor for a period of 5 years starting from April 01, 2025 and ending on March 31, 2030. The appointment was approved at the Board of Directors meeting held on January 27, 2026. M/s DSV & Associates has experience in various areas of corporate and secretarial laws, including Company Law, Securities Law, FEMA, Due Diligence, Mergers & Takeovers, and services under Insolvency and Bankruptcy Code.

Bai-Kakaji Polymers Ltd announced the incorporation of a Wholly Owned Subsidiary under the name Mundada Polymers Private Limited. The proposed company will have an authorized and paid-up share capital of Rs.10,00,000 comprising of 1,00,000 Equity Shares of Rs. 10/- each. The primary objects of the company include taking over and acquiring the entire business of Mundada Polymers, a proprietorship owned by a relative of the promoter of Bai-Kakaji Polymers Ltd, and carrying on the business of manufacturing, producing, processing, converting, coating, laminating, printing, slitting, cutting, trading, importing, exporting, marketing, selling, distributing, and dealing in all kinds of specialty films.