National Plastic Technologies Ltd — Important, 02-02-2026: Company Update

National Plastic Technologies' Board has approved the closure of its Faridabad plant, effective March 31, 2026, consolidating operations at its Puducherry Plant. The Faridabad unit contributed around 40 crore to the company's total turnover of 2310 crore in FY 2024-25 (less than 13%) and less than 15% to consolidated net worth. The move involves relocating existing machinery, aiming for cost savings despite an expected net decrease in turnover of approximately 20 Cr. The impact on profitability is anticipated to be negligible.