HCP Plastene Bulkpack Share Price Today

HCP Plastene appoints Aman Prakash Parekh as CFO, succeeding his father

HCP Plastene Bulkpack appointed Aman Prakash Parekh as CFO effective November 6, 2026. Prakash Hiralal Parekh resigned as CFO but retains Managing Director and Director roles. Aman Prakash Parekh is the son of Prakash Hiralal Parekh and an existing company Director. New CFO holds a Bachelor of Engineering from the University of Manchester with over 7 years experience.

HCP Plastene appoints Prakash Parekh as CFO and new internal auditor

Appointed Prakash Hiralal Parekh as CFO effective October 12, 2026. Appointed M/s. Nirav Patel & Associates as Internal Auditor for FY27. Board meeting held on October 12, 2026, from 3:15 pm to 3:30 pm. Parekh has over 23 years of experience in the plastic industry.

HCP Plastene shareholders approve ₹500 crore borrowing limits at AGM

Shareholders approved increasing borrowing power to ₹500 crore. Promoters held 75% of outstanding shares and voted unanimously in favour. All 12 resolutions passed with requisite majority at the virtual AGM. Public non-institutional shareholders voted on less than 4% of their holdings.

HCP Plastene Bulkpack completes dispatch of 42nd AGM notice and annual report

HCP Plastene Bulkpack completed physical dispatch of 42nd AGM notice and annual report web-links. Meeting scheduled for September 25, 2026, to approve ₹500 crore borrowing powers. Board seeks re-appointment of Managing Director Prakash Hiralal Parekh and Independent Director Sandeep Motilal Shah. Related party transactions with five entities disclosed, totaling over 138% of consolidated turnover.

HCP Plastene Q1 Results: Net profit up 12.9x YoY to ₹183.5 crore

HCP Plastene Bulkpack posted a 159% YoY rise in Q1FY27 consolidated net profit to ₹183.5 crore, fueled by an 38% revenue increase to ₹1,741.9 crore. Standalone profits surged 12.9x to ₹90.0 crore. Key corporate updates include the resignation of CFO Dhrumil Shah and the re-appointment of MD Prakash Parekh. The Woven Sacks Division drove the majority of revenue growth.

HCP Plastene Bulkpack auditor declines FY27 appointment

HCP Plastene Bulkpack Limited disclosed that M/s S.A. Gadhia & Company declined the internal auditor role for FY27 due to professional commitments. The Board had appointed the firm on May 28, 2026, but the appointment did not take effect. The company is now seeking a new auditor and will comply with SEBI regulations for disclosure.