Mitsu Chem Plast Ltd

Mitsu Chem Plast Ltd announced a capacity addition of approximately 2550 MT/Year at its Unit 3, with the expansion expected to be completed by June 2026. This addition will increase the company's total operational capacity beyond its current 29,900+ MT/Year. The investment required for this expansion is approximately INR 350.00 lakhs, primarily for the purchase of machinery, and will be financed through internal accruals. The rationale behind this expansion is to sustain growth, diversify products, meet market demand, and enhance customer satisfaction.

The company's Board of Directors approved the appointment of Mr. Ajit Eledath Venugopalan as an Additional Independent Director for a five-year term starting May 28, 2026. Concurrently, Mr. Hasmukh Bhavanji Dedhia was re-appointed as an Independent Director for a second five-year term effective June 1, 2026. Both appointments are subject to shareholder approval. The Board also noted the completion of Mr. Dilip Khushalchand Gosar's second term as Independent Director, effective June 12, 2026. Mr. Venugopalan brings over 30 years of banking and finance experience, including serving as MD of SVC Co-operative Bank.

Mitsu Chem Plast Ltd reported impressive Q4 FY26 results with a 117.91% jump in net profit and a 72.98% increase in EBITDA. Total Income for Q4 FY26 stood at ₹8679.47 Cr. For FY26, the company reported a 5.40% increase in Total Income, a 48.88% rise in EBITDA, and a 115.40% surge in Net Profit. The company also expanded its capacity and entered into a Global Supplier Agreement with Arjohuntleigh Polska.

Mitsu Chem Plast Ltd's board has approved a final dividend of ₹0.20 per equity share with a face value of ₹10 each for the financial year ended March 31, 2026. This is subject to shareholder approval at the upcoming Annual General Meeting. The decision was made during a board meeting held on May 02, 2026, which commenced at 3:30 p.m. and concluded at 6:30 p.m.

Mitsu Chem Plast Ltd's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026. They have recommended a final dividend of 2%, which is ₹0.20 per equity share on a face value of ₹10 each, subject to shareholder approval at the upcoming Annual General Meeting. The board meeting was held on May 02, 2026, commencing at 3:30 p.m. and concluding at 6:30 p.m.

Mitsu Chem Plast Ltd. announced audited financial results for the quarter and year ended March 31, 2026. The Board of Directors, in its meeting on May 02, 2026, approved the results and recommended a final dividend of 2% (₹0.20 per share) on the face value of ₹10 each for the financial year ended March 31, 2026, subject to shareholder approval. The meeting commenced at 3:30 p.m. and concluded at 6:30 p.m.

Mitsu Chem Plast Limited is undertaking a strategic expansion into the Intermediate Bulk Container (IBC) segment. This new facility is expected to be commissioned in Q2 FY27, marking a significant milestone in the company's product diversification and growth journey. The proposed facility is designed to cater to the domestic market, aiming to enhance Mitsu Chem Plast's competitiveness and strengthen its portfolio of advanced packaging solutions. This development is anticipated to bolster the company's market presence and aligns with its long-term vision of innovation and value creation.

Mitsu Chem Plast Ltd has announced that its Board of Directors will convene on Saturday, May 02, 2026. The primary agenda includes considering and approving the Audited Financial Results for the quarter and financial year ended March 31, 2026. Additionally, the Board will consider and recommend a final dividend, if any, on equity shares for the financial year ended March 31, 2026, for approval at the ensuing 38th Annual General Meeting. In compliance with insider trading regulations, the trading window for designated persons has been closed from April 1, 2026, and will remain closed until 48 hours after the declaration of the financial results.

Mitsu Chem Plast Ltd has scheduled a Board of Directors meeting on May 02, 2026. The primary agenda includes considering and approving the Audited Financial Results for the quarter and financial year ended March 31, 2026. Additionally, the board will consider and recommend a final dividend, if any, on equity shares for the financial year ended March 31, 2026, for shareholder approval at the 38th Annual General Meeting. In compliance with insider trading regulations, the trading window for designated persons has been closed from April 1, 2026, and will remain closed until 48 hours after the declaration of the financial results.

Mitsu Chem Plast Ltd has announced the closure of the trading window for dealing in equity shares. The closure will be in effect from April 1, 2026, until the expiry of 48 hours from the declaration of the audited financial results for the quarter and year ended March 31, 2026. The decision is in accordance with the Company's Code for Prevention of Insider Trading under SEBI (Prohibition of Insider Trading) Regulations, 2015.