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Kanpur Plastipack informs about allotment of equity shares

09 Dec 2025 Evaluate
In continuation to the letter dated May 15, 2025, with respect to allotment of Warrants, in terms of Regulation 30 of the SEBI Listing Regulations, Kanpur Plastipack has informed that the Preferential Issue Committee of the Board of Directors of the Company in their meeting held today i.e. December 9, 2025, has considered and approved the allotment of 4,52,000 equity shares on conversion of 4,52,000 (Four Lakh Fifty Two Thousand) warrants into 4,52,000 (Four Lakh Fifty Two Thousand) equity shares at an issue price of ?130/- (Rupees One Hundred Thirty Only) (including a premium of ?120/-) (Rupees One Hundred Twenty Only) each, to person belonging to the Promoter and Public Category, on preferential basis, upon receipt of balance issue price of ?90/- (Rupees Ninety only) per Warrant (being 70% of the issue price per warrant) from the allottees pursuant to the exercise of their rights of conversion of warrants into equity shares in accordance with the provisions of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. The Meeting of the Preferential Issue Committee of the Board of Directors was commenced at 11:00 AM and concluded at 12:50 PM. The aforesaid intimation is also being hosted on the website of the Company www.kanplas.com.

The above information is a part of company’s filings submitted to BSE.

Kanpur Plastipack Share Price

218.65 -1.05 (-0.48%)
08-May-2026 16:59 View Price Chart
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