TPL Plastech Limited has appointed Pradip Kumar Das as a Non-Executive Independent Director, with effect from 04 August 2026 for a first term of five years, subject to the approval of members at the forthcoming Annual General Meeting. Das, a veteran banker with 41 years of experience across public and private sectors, including leadership roles at IDBI Bank Limited and the Central Bank of India, brings a track record in business growth, strategic planning, and governance. He holds an MBA in Finance and has participated in numerous leadership and executive development programs, underscoring his breadth of experience in financial services and strategic management.
The board also announced a reconstitution of the Audit Committee and the Nomination and Remuneration Committee, with Das joining as an Additional Director and Non-Executive Independent Director on both committees. In the revised arrangement, Deepak Bakhshi continues as Chairperson of both committees, while Das serves as an additional non-executive independent member alongside Mangesh Sarfare and the incumbent leadership. This move aligns with the company’s governance enhancements and broader board oversight as it advances (i) accountability, (ii) governance processes, and (iii) diversity of experience at the board level.
In another development from the same board meeting, TPL Plastech approved unaudited standalone and consolidated financial results for the quarter ended 30 June 2026, reflecting the company’s ongoing focus on performance amid its Industrial Packaging operations. The AGM for the company is scheduled for 22 September 2026, to be conducted via Video Conferencing/Other Audio Visual Means, with a record date fixed for 15 September 2026 for determining eligibility for any final dividend related to the financial year ended 31 March 2026. Together, these moves signal a strengthening of governance and an emphasis on sustained value creation as the company navigates its growth agenda.