National Plastic Industries Ltd — Updates, 30-05-2025: Company Update
National Plastic Industries Limited has announced a board meeting for approval of the financial results for the quarter and year ended 31st March 2025. The Board approved the audited financial statements with an unmodified audit opinion and decided not to declare any dividend for the year. The company appointed M/s. Ragini Chokshi & Co. as Secretarial Auditor for five years, M/s. Parekh Sharma & Associates as Internal Auditors for FY 2025-26, and reappointed Mr. Harsh Parekh as Whole-Time Director. The Board also constituted a Corporate Social Responsibility (CSR) Committee and approved the CSR policy focused on healthcare, education, gender equality, and environment sustainability initiatives. Total income stood at Rs. 97.57 Cr with a net profit of Rs. 3.75 Cr for the year, reflecting stable operational performance. Borrowings reduced to Rs. 23.36 Cr by year-end. The auditors confirmed adequate internal controls and compliance with applicable standards.
