G M Polyplast Ltd — Important, 09-02-2026: Company Update

G M Polyplast's board has approved the incorporation of a Wholly Owned Subsidiary in India. This new entity, with a proposed authorized capital of 0.10 Cr, will engage in manufacturing, processing, recycling, and trading various plastic granules and polymer compounds. This strategic move aims to expand the company's capabilities and market presence within the plastic industry, strengthening its core business operations and fostering future growth. G M Polyplast will subscribe to 100% of the subsidiary's share capital in cash.