Shaily Engineering Plastics Approves Q1 Results and Reappoints Managing Director
The Board of Directors of Shaily Engineering Plastics Limited transacted several key business matters during a meeting held on Saturday, August 8, 2026. The decisions approved include the unaudited financial results for the quarter ending June 30, 2026, and the re-appointment of Mr. Amit Mahendra Sanghvi as Managing Director.One significant outcome was the approval of the Unaudited Standalone and Consolidated Financial Results for the company for the quarter ended on June 30, 2026. Furthermore, the Board approved the revised Code of Conduct specifically designed for the Prevention of Insider Trading in the company’s securities.
In matters of leadership, Mr. Amit Mahendra Sanghvi was re-appointed as Managing Director. The appointment is set to run from October 1, 2026, until September 30, 2031. This re-appointment remains subject to approval by the shareholders at the upcoming 46th Annual General Meeting of the company.
The Board meeting also established a critical date for dividend determination. Friday, September 11, 2026, was fixed as the Record Date. This date will determine which members are entitled to receive the final dividend for the financial year 2025-26.
SHAILY Stock Price Movement
Shares of Shaily Engineering Plastics Limited on Friday slipped by 5.68% to settle at ₹3162.30, reflecting significant losses in the equity. The stock traded a volume of 268,206 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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