StockWatch
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Plastic Products - Industrial
Board Meeting28 Oct 2026, 07:31 am

Kkalpana Plastick: Board Approves Un-audited Results, Notes Open Offer Completion

AI Summary

Kkalpana Plastick Ltd held its 3rd Board Meeting for FY27 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. Key outcomes included noting the successful completion of an Open Offer by Mr. Ashish Begwani, who will assume control and become the Promoter. Consequently, existing promoters Bbigplas Poly Private Limited and Mrs. Sarla Surana will be reclassified to the 'Public' category. The Board also approved the appointment of Ms. Ayesha Begwani as Executive Director (MD), Mr. Ashish Begwani as Non-Executive Non-Independent 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 Chief Financial Officer from November 3, 2026.

Key Highlights

  • Board approved un-audited financial results for Q2 and H1 FY27.
  • Open Offer completed; Mr. Ashish Begwani to assume control and become Promoter.
  • Existing promoters to be reclassified to 'Public' category.
  • Several new directors appointed, including MD and CFO.
  • Appointments are subject to shareholder and regulatory approvals.