Ecoplast Ltd has closed its trading window for designated persons effective July 1, 2026, to ensure compliance with insider trading regulations ahead of its upcoming financial results announcement. The window will remain shut until 48 hours after the conclusion of its board meeting, where the unaudited financial results for the quarter ended June 30, 2026, are scheduled to be considered.

The closure follows the provisions of the SEBI (Prohibition of Insider Trading) Regulation, 2015, and relevant BSE circulars. The company's Code of Conduct on Insider Trading mandates this restriction for 'Specified Persons' to prevent the misuse of unpublished price-sensitive information.

The board meeting will focus on the approval of the unaudited financial results for the first quarter of FY27. The specific date for the meeting has not been disclosed in the filing.

Key Details

The intimation was submitted to BSE Limited on June 17, 2026, by Rakesh Kumar Kumawat, Company Secretary and Compliance Officer.

Ecoplast Ltd disclosed that its promoters have increased their shareholding to 74.45% following the acquisition of shares through a court-approved amalgamation scheme. The acquisition stems from the Scheme of Amalgamation of Kunal Plastics Private Limited with Ecoplast Ltd, which was sanctioned by the Hon'ble National Company Law Tribunal, Ahmedabad Bench, vide its order dated May 14, 2026. Consequently, the company allotted 13,00,000 equity shares of Rs. 10 each to the shareholders of the transferor company on June 15, 2026.

The transaction was executed under Regulation 10(1)(d)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which exempts the acquirers from making an open offer. The share swap ratio was fixed at 52 fully paid-up equity shares of Ecoplast Ltd for every one fully paid-up equity share held in Kunal Plastics Private Limited. The disclosure was submitted to BSE Limited on June 15, 2026.

The acquirers included promoters Charulata Nitin Patel, Amita Jaymin Desai, and Alka Bankim Desai, along with Silver Stream Properties LLP and Pheroze Pestonji Kharas. Persons acting in concert included Nitinkumar Manubhai Patel, Aditya Nitinkumar Patel, and other members of the promoter group. The allotment resulted in a significant increase in the shareholding percentage for key promoters, particularly Charulata Nitin Patel and Amita Jaymin Desai.

Shareholding Details

The amalgamation altered the capital structure, increasing the total shares held by the acquirers and persons acting in concert. The table below details the pre-transaction and post-transaction shareholding patterns for the major entities involved.

The filing confirmed that the post-amalgamation shareholding changed solely due to the allotment of equity shares under the Scheme and not due to any independent acquisition or transfer of equity shares. The disclosure was signed by Charulata Nitin Patel on behalf of all acquirers.