Polyplex Corporation Limited - Company Profile

Q: Who are the current directors of Polyplex Corporation Limited?

The current directors of Polyplex Corporation Limited are Shalini Sarin, Sanjiv Chadha, Pooja Haldea, Iyad Malas, Ashok Kumar Gurnani, Pranay Kothari, Sanjiv Saraf, Sandip Das, Manish Gupta, Ranjit Singh, Hemant Sahai, Yogesh Kapur.

It is a packaging public limited company based in Uttranchal, Uttarakhand, India, established in 1984.

1984 Uttranchal, Uttarakhand, India Active

Last Updated: December 30, 2025

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About Polyplex Corporation Limited

Polyplex Corporation Limited, a active public limited company, was established on 18 October 1984 in Uttranchal, Uttarakhand, India. Engaging in packaging films & foils within the manufacturing sector, it holds CIN: L25209UR1984PLC011596. Registered under ROC Roc Uttarakhand. it is listed on BSE: 524051 and NSE: POLYPLEX. It has an authorized capital of ₹34.00 Cr and a paid-up capital of ₹31.97 Cr.

It upholds a compliant status. In 2024, it reported revenue of ₹1,451.31 Cr and a net worth of ₹668.92 Cr. Employing 355 professional, Its leadership includes Shalini Sarin (Director), Sanjiv Chadha (Director), Pooja Haldea (Director). Past directors included Shalini Sarin, Mukesh Kumar Jain, Pooja Haldea. It holds ₹796.60 Cr open charges and ₹1,431.54 Cr settled loans. Its latest AGM occurred on 15 September 2025, with the balance sheet filed on 31 March 2025. It is based at Lohia Head Road Khatima Distt. Udham Singh Nagarl, Uttranchal, Uttarakhand.

Company Details

CIN/LLPIN
L25209UR1984PLC011596
Registration Number
011596
Incorporation Date
18 October 1984
Authorized Capital
₹34.00 Cr
Paid-Up Capital
₹31.97 Cr
ROC Code
Roc Uttarakhand
Listing Status
Listed (BSE: 524051, NSE: POLYPLEX)
Company Status
Active

Key Metrics

Authorised Capital ₹ 34.00 Cr as on 30-12-2025
Paid Up Capital ₹ 31.97 Cr as on 30-12-2025
Company Age 41 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 796.60 Cr as on 30-12-2025
Satisfied Charges ₹ 1,431.54 Cr as on 30-12-2025
Revenue Growth **** -23.82% (FY 2024)
Profit Growth **** -103.07% (FY 2024)
Ebitda **** -101.45% (FY 2024)
Net Worth -3.67% (FY 2024)
Total Assets **** 6.80% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Polyplex Corporation Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Polyplex Corporation Limited?

Current Directors

Name	Designation	Appointment Date	Status
Shalini Sarin	Director	30 Mar 2025	Current
Sanjiv Chadha	Director	17 Jun 2005	Current
Pooja Haldea	Director	30 Mar 2015	Current
Iyad Malas	Director	09 Nov 2023	Current
Ashok Kumar Gurnani	Nodal Officer	27 Aug 2019	Current
Pranay Kothari	Whole-Time Director	15 Mar 1996	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	23 May 2025	Past
Pramod Abcsdd	Nominee Director	08 Sep 2008	Past
Pramod Abcsdd	Additional Director	28 Sep 2015	Past
Pramod Abcsdd	Additional Director	06 Feb 2024	Past
Pramod Abcsdd	Director	14 Feb 2013	Past
Pramod Abcsdd	Additional Director	22 Sep 2024	Past

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Financial Performance of Polyplex Corporation.

Polyplex Corporation Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 23.82% decrease. The company also saw a substantial fall in profitability, with a 103.07% decrease in profit. The company's net worth dipped by a decrease of 3.67%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-23.82%

*******

Revenue from Operations

*******

-14.20%

*******

Total Assets

*******

6.80%

*******

Profit or Loss

*******

-103.07%

*******

Net Worth

*******

-3.67%

*******

EBITDA

*******

-101.45%

*******

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What is the Ownership and Shareholding Structure of Polyplex Corporation?

In 2024, Polyplex Corporation had a promoter holding of 26.70% and a public holding of 73.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹7,965,962,974.00

Satisfied Charges

₹14,315,400,000.00

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 465.00 Cr
Unicredit Bank Ag (Formerly Known As Bayerische Hypo-Und Vereinsbank Aktiengesellschaft) : 141.58 Cr
Idbi Bank Limited : 65.00 Cr
Axis Bank Limited : 50.00 Cr
Others : 45.00 Cr
Others : 30.01 Cr

Latest Charge Details

Date	Lender	Amount	Status
16 Oct 2025	Hdfc Bank Limited	₹280.00 Cr	Open
09 Oct 2024	Hdfc Bank Limited	₹100.00 Cr	Open
10 Dec 2018	Idbi Bank Limited	₹65.00 Cr	Open
29 May 2018	Others	₹45.00 Cr	Open
13 Dec 2017	Axis Bank Limited	₹50.00 Cr	Open

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How Many Employees Work at Polyplex Corporation?

Polyplex Corporation has a workforce of 355 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Polyplex Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Polyplex Corporation's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Polyplex Corporation

Recent Activity within the Organization

Charges

Progress on A charge with Hdfc Bank Limited amounted to Rs. 280.00 Cr with Charge ID 101181744 was registered on 16 Oct 2025. was documented.
16 Oct 2025
Charges

Progress on A charge with Hdfc Bank Limited of Rs. 100.00 Cr registered on 09 Oct 2024 with Charge ID 100995254 was modified on 16 Oct 2025. was documented.
16 Oct 2025
Annual General Meeting

Polyplex Corporation Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records. was recorded as a recent event.
15 Sep 2025
Charges

Progress on A charge with Hdfc Bank Limited of Rs. 85.00 Cr registered on 05 Nov 2015 with Charge ID 10604426 was modified on 10 Jul 2025. was documented.
10 Jul 2025
Charges

A charge registered on 22 Oct 2018 via Charge ID 100215330 with Standard Chartered Bank was fully satisfied on 06 Jun 2025. was recorded as a recent event.
06 Jun 2025
Charges

A charge with Idbi Bank Limited of Rs. 65.00 Cr registered on 10 Dec 2018 with Charge ID 100227476 was modified on 17 May 2025. was recorded as a recent event.
17 May 2025

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