MPL Plastics Limited announced the Board of Directors at its meeting held on 11 April, 2022, announced Resignation of Mr. Sharad Shukla and Mr. Parimal Banerjee, Independent Directors of the Company were considered and approved by the Board. Ministry of Corporate Affairs New Delhi established a databank of Independent Directors and required the existing independent directors to register themselves on the said databank by February 2020. Mr. Shailesh Kachalia, Practising Company Secretary appointed as Secretarial Auditor of the Company for the financial year 2022-23.

Mr. Gopal Malpani appointed as an independent director of the Company. As per the provisions of the listing requirements if the Chairman of the Board of Directors is Promoter or from Promoters group then half of the Board should consists of Independent Directors. Hence Mr. Gopal Malpani is appointed as independent director to align the Board in conformity with listing requirements.