Kahan Packaging shareholders unanimously approve bonus issue and capital hike

Shareholders of Kahan Packaging have approved proposals to increase the company’s authorized share capital and issue bonus shares. The resolutions were passed unanimously through a postal ballot process conducted via remote e-voting, with the results declared on August 13, 2026.

The voting period ran from July 14, 2026, at 9:00 am to August 12, 2026, at 5:00 pm. Purva Shareregistry (India) Pvt. Ltd served as the agency facilitating the electronic voting platform. The company dispatched the postal ballot notice on July 11, 2026, to all shareholders registered as of the cut-off date, July 10, 2026.

Voting Results

A total of 22 shareholders participated in the vote, representing 2,067,200 votes polled out of 2,720,000 total shares held. This represents a participation rate of 76% of outstanding shares. Both resolutions received 100% affirmative votes from those who cast ballots.

Resolution	Votes Polled	Votes In Favor	Votes Against	Participation Rate
Increase in Authorized Share Capital	2,067,200	2,067,200	0	76%
Issue of Bonus Shares	2,067,200	2,067,200	0	76%

Promoter and promoter group entities held 1,999,000 shares and voted in full favor of both resolutions. Public non-institutional shareholders held 721,000 shares, with 68,200 votes cast, all in favor. No institutional public shareholders held stakes or voted.

Regulatory Compliance

The postal ballot was conducted in compliance with Sections 108 and 110 of the Companies Act, 2013, and Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014. It also adhered to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mrs. Zankhana Karan Bhansali of Zankhana Bhansali & Associates was appointed as the scrutinizer. Her report confirmed that the e-voting process was conducted fairly and transparently, and that both ordinary resolutions were passed with the requisite majority. The promoter group declared no interest in the agenda items.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.83%	+18.11%	+11.98%	+54.24%	+16.31%	-55.55%

Kahan Packaging Limited has commenced the remote e-voting process for a proposed 3:1 bonus issue and an increase in authorized share capital. The voting period is open from 9:00 a.m. IST on July 14, 2026, until 5:00 p.m. IST on August 12, 2026. The company aims to reward shareholders and restructure its capital base through these resolutions, which require shareholder approval via postal ballot.

The board meeting held on July 11, 2026, approved the increase of authorized share capital from ₹5 crore to ₹15 crore. This involves creating an additional 1 crore equity shares of ₹10 each and altering the capital clause of the Memorandum of Association. The bonus issue entails the issuance of 3 new fully paid-up equity shares for every 1 existing share held as on the record date, which will be determined later. The company requires ₹816 lakh from free reserves and the securities premium account to implement the issue.

Bonus Issue Details

The bonus shares will be issued out of free reserves created out of profits and the share premium account. As per the audited balance sheet dated March 31, 2026, the company holds free reserves of ₹448.64 lakh and a share premium of ₹381.92 lakh.

Particulars	Pre-Bonus Issue	Post-Bonus Issue
No of Shares	27,20,000	1,08,80,000
Paid up Capital	₹2,72,00,000	₹10,88,00,000

The total number of proposed bonus shares is approximately 81,60,000 equity shares with a face value of ₹10 each. The company estimates that the bonus shares will be credited or dispatched within two months from the date of board approval.

Procedural Approvals

Mrs. Zankhana Bhansali of M/s. Zankhana Bhansali & Associates, Practicing Company Secretaries, has been appointed as the scrutinizer for the postal ballot. Purva Sharegistry (India) Pvt. Ltd. is the agency providing the e-voting facility. The results of the e-voting will be announced on or before August 14, 2026. Shareholders holding shares in demat mode can vote through CDSL/NSDL e-voting systems, while those holding physical shares or non-individual shareholders must use the Purva e-voting system.

Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published the Postal Ballot Notice in the Financial Express and Pratahkal on July 14, 2026. The electronic dispatch of the notice was completed on July 13, 2026, for members whose email addresses were registered as on the cut-off date of July 10, 2026.