Shaily Engineering Plastics Limited’s Board of Directors met on August 8, 2026, to approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. Key decisions included the re-appointment of Mr. Amit Mahendra Sanghvi as Managing Director for a five-year term starting October 1, 2026, and the approval of a revised Code of Conduct for Insider Trading. The company also fixed September 11, 2026, as the record date for its final dividend for FY 2025-26.
Board Approves Financial Results and Key Appointments
Shaily Engineering Plastics Limited announced on August 8, 2026, the outcome of its Board of Directors meeting, which convened on Saturday, August 8, 2026. The Board considered and approved the unaudited standalone and consolidated financial results for the quarter that concluded on June 30, 2026.
Managing Director Re-appointed
A significant decision was the re-appointment of Mr. Amit Mahendra Sanghvi as Managing Director. This re-appointment is effective from October 1, 2026, through September 30, 2031, and is subject to shareholder approval at the forthcoming 46th Annual General Meeting. Further details concerning this re-appointment, as per SEBI regulations, are provided in Annexure A.
Dividend Record Date Fixed
In accordance with Regulation 42 of the SEBI Listing Regulations, the Company has fixed Friday, September 11, 2026, as the Record Date. This date will be used to determine which members are entitled to receive the final dividend for the financial year 2025-26.
Revised Insider Trading Code Approved
The Board also approved the revised Code of Conduct for Prevention of Insider Trading in the securities of the Company. The Board meeting commenced at 2:15 p.m. and concluded at 5:20 p.m.
Source: BSE
