Kkalpana Plastick: Open Offer for 26% Stake at ₹28/Share

VC Corporate Advisors Pvt Ltd, acting as Manager to the Offer, has submitted a Letter of Offer to the public shareholders of Kkalpana Plastick Ltd (KPL). An open offer is being made by Mr. Ashish Begwani to acquire up to 14,37,420 equity shares, representing 26.00% of the total paid-up equity and voting share capital. The offer price is ₹28 per equity share, payable in cash. This open offer is being made pursuant to SEBI (SAST) Regulations for substantial acquisition of shares accompanied by a change in control and management of KPL. No statutory approvals are required for this offer, and it is not conditional upon any minimum acceptance level.