
Merger28 May 2026, 10:46 pm
Ecoplast: Kunal Plastics Amalgamation Effective May 28, 2026
AI Summary
Ecoplast Limited announced the effective date of its Scheme of Amalgamation with Kunal Plastics Private Limited as May 28, 2026. This follows the National Company Law Tribunal's (NCLT) approval on May 14, 2026, and the subsequent filing of the certified order with the Registrar of Companies today. Consequently, Kunal Plastics Private Limited is now amalgamated with Ecoplast Limited and dissolved. A key implication is the amendment to Ecoplast's Memorandum of Association, increasing its authorized share capital by ₹25,00,000 (from Kunal Plastics) to a total of ₹10,25,00,000. This disclosure complies with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Ecoplast-Kunal Plastics amalgamation became effective May 28, 2026.
- NCLT sanctioned the scheme on May 14, 2026.
- Kunal Plastics Private Limited is now dissolved into Ecoplast.
- Ecoplast's authorized share capital increased to ₹10,25,00,000.
Price Impact
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