Kanpur Plastipack Limited Confirms Non-Large Corporate Status to Stock Exchanges
Kanpur Plastipack Limited has submitted a formal undertaking to BSE and NSE confirming it does not fall under the 'Large Corporate' category per SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144. The communication, signed by Company Secretary Ankur Srivastava, ensures regulatory compliance and proper disclosure of the company's corporate classification status to stock exchanges and stakeholders.
*this image is generated using AI for illustrative purposes only.
Kanpur plastipack Limited has formally communicated to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) that it does not qualify as a 'Large Corporate' entity under the Securities and Exchange Board of India (SEBI) regulations.
Regulatory Compliance Communication
The company submitted an undertaking referencing SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated 26/11/2018, confirming its non-Large Corporate status. The communication was addressed to both major stock exchanges where the company's shares are listed.
| Exchange Details: | Information |
|---|---|
| BSE Scrip Code: | 507779 |
| NSE Trading Symbol: | KANPRPLA |
| SEBI Circular Reference: | SEBI/HO/DDHS/CIR/P/2018/144 |
| Circular Date: | 26/11/2018 |
Corporate Classification Status
The undertaking specifically references Regulation 2.2 of the SEBI circular, under which the company confirms it does not meet the criteria for Large Corporate classification. This regulatory compliance ensures transparency regarding the company's corporate status and adherence to SEBI disclosure requirements.
Company Leadership and Documentation
The formal communication was signed by Ankur Srivastava, Company Secretary of Kanpur Plastipack Limited. The document was digitally signed and submitted to both stock exchanges for official record purposes.
Business Operations
Kanpur Plastipack Limited operates as a manufacturer and exporter specializing in industrial bulk packaging solutions. The company's product portfolio includes:
- Flexible Intermediate Bulk Container (FIBC)
- PP Multifilament Yarn
- UV MasterBatches
- Fabrics
- CPP Films
The company is headquartered in Kanpur, Uttar Pradesh, and has been incorporated since 1971. This regulatory filing demonstrates the company's commitment to maintaining compliance with SEBI regulations and ensuring proper disclosure to stakeholders and regulatory authorities.
Historical Stock Returns for Kanpur Plastipack
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.12% | +6.05% | +12.84% | -12.70% | +63.58% | +104.37% |
What specific advantages might Kanpur Plastipack gain in terms of regulatory compliance costs and reporting requirements by maintaining its non-Large Corporate status?
How could the company's focus on industrial bulk packaging solutions position it to benefit from India's growing manufacturing and export sectors?
Will Kanpur Plastipack's revenue growth trajectory potentially push it into Large Corporate classification in the coming years, and how might this impact its operations?
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