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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Prima Plastics Ltd

Prima Plastics Q2 FY27 Board Approves Results, New Directors, Leadership Changes

RESULTS ● No Immediate Change MEDIUM RISK
📅 Filed on BSE: 06 Nov 2026, 02:38 PM IST  ·  BSE ID: 5003ab90-c58f-4e3e-97d4-ad260b6b02fc
View Original BSE Filing (PDF)
💡
In Simple Terms
Prima Plastics' board approved financial results and made several leadership changes, including new director appointments and a chairman's resignation.
🤖 AI Summary
  • Prima Plastics' Board approved the unaudited consolidated and standalone financial results for Q2 FY27 (quarter and half year ended September 30, 2026).
  • Mr. Hitendra Bhupatrai Bhalaria (DIN: 00169618) was appointed as an Additional Non-Executive Independent Director for 5 years.
  • Mrs. Shriya Vedant Chaudhary (DIN: 10675253) was appointed as an Additional Whole-Time Director for 5 years, subject to shareholder approval.
  • Mr. Bhaskar Manharlal Parekh (DIN: 00166520) resigned as Chairman & Whole-Time Director from November 06, 2026.
  • Mr. Dilip Manharlal Parekh (DIN: 00166385) was re-designated as Chairman & Managing Director.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Consolidated Revenue from Operations Q2 FY27
3,755.62 Lakhs
Consolidated Total Income Q2 FY27
3,787.70 Lakhs
Consolidated Profit before tax Q2 FY27
489.33 Lakhs
Consolidated Net Profit after tax Q2 FY27
317.18 Lakhs
-25.14%
🏢 How This Affects the Company
⚠️
Risk Impact
The appointment of two new Additional Directors, one Independent and one Whole-Time, could introduce new perspectives to the company's governance and operational strategies.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are required to vote on the appointments of Mr. Hitendra Bhupatrai Bhalaria and Mrs. Shriya Vedant Chaudhary via postal ballot.
👤
Who Is Affected
All shareholders will be affected by the changes in board composition and management leadership, particularly those with an interest in the company's governance and operational oversight.
🔍
Management Signal
Management is signaling a restructuring of its leadership team, including strengthening the board with an Independent Director and a new Whole-Time Director, alongside internal re-designations.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Shareholder vote on new Director appointments — confirm their official tenure.
Release of detailed Q2 FY27 financial results in newspapers — review full disclosures.
Subsequent quarterly results — assess impact of new leadership on company performance.
MEDIUM RISK Significant leadership changes can introduce uncertainty; however, new appointments aim to strengthen governance.
💡 Investor Takeaway
Prima Plastics' Board approved Q2 FY27 results and implemented significant leadership changes. Mr. Bhaskar Parekh resigned as Chairman & Whole-Time Director, while Mr. Dilip Parekh was re-designated as Chairman & Managing Director. Two new Additional Directors were appointed, Mr. Hitendra Bhalaria (Independent) and Mrs. Shriya Chaudhary (Whole-Time), subject to shareholder approval.
⚖️ Strengths & Concerns

✅ Positives

  • Appointment of an Independent Director, Mr. Hitendra Bhalaria, for 5 years strengthens board independence and governance structure.
  • Appointment of Mrs. Shriya Chaudhary as a Whole-Time Director for 5 years suggests a focus on operational leadership continuity.

⚠️ Concerns

  • The resignation of Mr. Bhaskar Manharlal Parekh as Chairman & Whole-Time Director could lead to a loss of institutional knowledge.
  • The re-designation of Mr. Dilip Manharlal Parekh as Chairman & Managing Director centralizes more power within one individual.
📅 Company Track Record
Prima Plastics previously reported Q2 FY27 net profit declined by 25.14% YoY to Rs. 317.18 Lakhs, despite an 8.01% increase in revenue, as per a November 6, 2026, filing. This current filing expands on the board meeting outcomes related to these results and leadership changes.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What were Prima Plastics' consolidated net profit for Q2 FY27?
Prima Plastics reported a consolidated net profit after tax of 317.18 Lakhs for the quarter ended 30 September 2026 (Q2 FY27).
Who was appointed as an Additional Non-Executive Independent Director for Prima Plastics?
Mr. Hitendra Bhupatrai Bhalaria (DIN: 00169618) was appointed as an Additional Director, designated as a Non-Executive Independent Director for 5 years.
Who resigned as Chairman & Whole-Time Director of Prima Plastics?
Mr. Bhaskar Manharlal Parekh (DIN: 00166520) resigned as the Chairman & Whole-Time Director of Prima Plastics due to personal reasons, effective November 06, 2026.
Who has been re-designated as Chairman & Managing Director for Prima Plastics?
Mr. Dilip Manharlal Parekh (DIN: 00166385) has been re-designated as the Chairman & Managing Director of Prima Plastics.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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