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Incorporated in 1997, Pyramid Technoplast Ltd manufacturers of HM-HDPE plastic containers, IBC containers, drums, barrels and cans in India
Pyramid Technoplast commissioned its 6 MW captive solar plant in Gujarat, part of a 15.25 MW total. This over ₹60 Cr investment aims to save ₹15 Cr annually in power costs upon full installation, improving operating leverage with a ~4-year payback.
Pyramid Technoplast commences its ₹8-10 Cr Unit IX recycling plant in Bharuch, with 5,000 MT/annum plastic capacity. This fulfills 10-12% of raw material needs, driving cost savings, margin enhancement, and reduced import reliance.
Pyramid Technoplast notified shareholders about tax deductions on the FY2024-25 final dividend. Information regarding the Dividend Tax Deducted at Source has been sent to registered emails, simplifying tax handling for investors.
Pyramid Technoplast reported consolidated revenue of ₹591.34 Cr, up from ₹532.42 Cr YoY, while net profit slipped to ₹26.67 Cr due to higher raw material and finance costs. Long-term borrowings rose sharply to ₹27.62 Cr, funding ongoing capex. The board has approved a final dividend of Re. 0.50 per share...
The company has disclosed updates regarding its Key Managerial Personnel (KMP) responsible for determining the materiality of events and information. Jaiprakash Agarwal serves as the Whole Time Director and CFO, accompanied by contact details for further communication. Puja Sharma holds the position of Company Secretary and Compliance Officer. This clarification...