DDev Plastiks Industries Ltd manufactures Plastic CompoundsLeadership India�s Largest Manufacturer of Polymer Compounds with a capacity of 2,33,400 MTPA as of Q1FY25.
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Ddev Plastiks' Board proposed a Rs. 1.25/share dividend for FY25-26, pending AGM approval. Dividends are taxable; company will deduct tax at source. Shareholders must update PAN and bank details, and submit relevant tax documents for appropriate tax deduction.
Ddev Plastiks Industries' FY25-26 Annual Report is accessible online. The 6th Annual General Meeting will convene via video conference. Shareholders should update email and KYC details for seamless communication and timely dividend processing.
DDEV PLASTIKS' Board reviewed and addressed a fine from stock exchanges for not giving prior notice of a meeting where an interim dividend was declared. The company cited an unintentional oversight due to strong performance. The minor fine was paid, and the board has reinforced strict compliance measures for future.
DDEV P has commenced operations of its new XLPE manufacturing unit in Bhiwandi, Rajasthan, with a capacity of 48000 MTPA. The ~80 Cr investment is set to enhance production, expand reach, and could contribute ~500 Cr in additional annual revenue.
