StockWatch
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Plastic Products - Industrial
Board Meeting29 Oct 2026, 10:49 am

Kkalpana Plastick: Board Approves Un-audited Results, Change in Management

AI Summary

Kkalpana Plastick Ltd announced the outcome of its Board Meeting held on October 27, 2026. The Board approved the Un-audited Financial Results for the second quarter and half-year ended September 30, 2026, along with the Limited Review Report. A significant development was the approval of the completion of the Open Offer by Mr. Ashish Begwani, who will acquire control and become the Promoter of the Company. Consequently, Bbigplas Poly Private Limited and Mrs. Sarla Surana will cease to be promoters and be reclassified as public shareholders. The Board also approved the appointment of Ms. Ayesha Begwani as Managing Director, Mr. Ashish Begwani as Non-Executive Director, and Ms. Rekha Bohra, Ms. Rajni Mishra, and Mr. Yogesh Bhati as Independent Directors, all effective November 3, 2026, subject to shareholder approval. Mr. Manish Kumar Jain was appointed as the Chief Financial Officer, effective November 3, 2026.

Key Highlights

  • Board approved un-audited financial results for Q2 and H1 FY27.
  • Mr. Ashish Begwani to acquire control and become Promoter.
  • Existing promoters to be reclassified to public category.
  • New Managing Director and several Directors appointed.
  • Mr. Manish Kumar Jain appointed as Chief Financial Officer.