Perfectpac Ltd's 54th AGM on September 16, 2026, will discuss a Re. 1 dividend, re-appointing the MD, and increasing borrowing limits. The company also plans a second manufacturing unit.
Perfectpac Ltd Annual General Meeting Agenda
Perfectpac Ltd will hold its 54th Annual General Meeting (AGM) on Wednesday, September 16, 2026. Shareholders will vote on several key proposals, including a final dividend, director re-appointments, and an increase in borrowing limits.
Key Proposals for Shareholder Approval:
- Final Dividend: A dividend of Re. 1.00 per equity share (50%) for the financial year ended March 31, 2026, has been recommended. The record date for this payout is September 09, 2026.
- Managing Director Re-appointment: The re-appointment of Shri Sanjay Rajgarhia as Managing Director for a three-year term, from July 01, 2027, to June 30, 2030.
- Borrowing Limit Increase: A special resolution to increase the company's borrowing limit to Rs. 50 crore, under Section 180(1)(c) of the Companies Act, 2013. This limit will be in addition to existing paid-up capital, free reserves, and securities premium.
- Charge Creation: Approval for creating a mortgage or charge on company assets to align with the enhanced borrowing limits.
Financial Performance Snapshot (FY 2025-26 vs. FY 2024-25)
| Metric | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Total Revenue | Rs. 113.86 crore | Rs. 113.66 crore |
| Profit Before Tax | Rs. 4.21 crore | Rs. 4.25 crore |
| Profit After Tax | Rs. 3.15 crore | Rs. 3.15 crore |
| EPS (Basic) | Rs. 4.73 | Rs. 4.73 |
Expansion Plans and Operations
Perfectpac operates in the packaging segment. The company is pursuing growth by applying for land allotment from the Government of Uttar Pradesh to establish a second manufacturing unit. A Letter of Intent has been received, but the project depends on final land allocation.
Corporate Governance
- Auditors: V S S A & Associates continue as statutory auditors until the 55th AGM in 2027.
- Board: All independent directors meet independence criteria. No significant fraud was reported by the auditors.
Reader Takeaway: Dividend and MD continuity are positives; land allotment progress is key for expansion.
What just happened
Perfectpac Ltd announced its 54th AGM agenda, proposing a Re. 1 dividend per share, re-appointing its Managing Director, and seeking approval to increase borrowing limits significantly.
Why this matters
Shareholders will vote on leadership continuity and future funding capacity. The increased borrowing limit suggests management's intent to finance potential expansion, like the proposed second manufacturing unit.
The backstory
In FY 2025-26, Perfectpac reported stable revenues of Rs. 113.86 crore and a flat Profit After Tax of Rs. 3.15 crore, with EPS remaining at Rs. 4.73. The company has been seeking land for a new unit in Uttar Pradesh.
What changes now
If approved, the company will have greater financial flexibility for expansion. The re-appointment of the MD ensures leadership stability for the next three years.
Risks to watch
The primary risk is the final allotment of land for the new manufacturing unit, which is crucial for future capacity expansion.
Peer comparison
(No specific peer comparison data is available in the filing.)
Context metrics (time-bound)
- AGM Date: September 16, 2026
- Record Date for Dividend: September 09, 2026
- MD Term: July 01, 2027 - June 30, 2030
- Auditor Tenure: Until AGM 2027
What to track next
Investors should closely monitor updates on the land allotment for the second manufacturing unit in Uttar Pradesh.