Kanpur plastipack Limited has announced a scheduled plant visit by investors and analysts at its manufacturing facilities located in Kanpur, Uttar Pradesh. The company has formally notified both BSE Limited and National Stock Exchange of India Limited about this corporate engagement under regulatory compliance requirements.

Plant Visit Details

The investor and analyst interaction is scheduled as a comprehensive facility tour at the company's Kanpur manufacturing site. The visit has been organized to provide stakeholders with direct exposure to the company's production capabilities and operational infrastructure.

Regulatory Compliance

The announcement has been made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Ankur Srivastava has formally communicated this information to both stock exchanges where the company's shares are listed.

The company has emphasized that the scheduled visit may be subject to changes due to exigencies on part of the company, investors, or analysts. This flexibility clause ensures practical management of the corporate engagement while maintaining transparency with stakeholders.

Information Disclosure Framework

Kanpur Plastipack Limited has clearly stated that no Unpublished Price Sensitive Information (UPSI) will be shared during the plant visit. The discussions and interactions will be strictly based on information already available in the public domain, ensuring compliance with fair disclosure norms.

The company will conduct all discussions in accordance with its established Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information. This framework ensures that all participants receive equal access to information while maintaining regulatory compliance.

Company 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 Containers (FIBC), PP Multifilament Yarn, UV Master Batches, Fabrics, and CPP Films. The manufacturing facilities are located at D-19,20 Panki Industrial Area, Kanpur, providing strategic access to key markets and transportation networks.

Kanpur Plastipack Limited has successfully completed the conversion of 4,66,500 warrants into equity shares on March 23, 2026, following the Preferential Issue Committee meeting. The conversion was executed at an issue price of ₹130 per share, including a premium of ₹120, raising ₹4,19,85,000 from nine allottees across promoter and non-promoter categories.

Warrant Conversion Details

The warrant conversion process involved the receipt of balance issue price of ₹90 per warrant, representing 70% of the total issue price. The original warrants were allotted on May 15, 2025, with allottees having paid 30% upfront.

Allottee-wise Conversion Breakdown

The conversion involved both promoter and non-promoter categories, with significant participation from the promoter group. The detailed allotment shows varied conversion rates among warrant holders.

Impact on Share Capital

Following the conversion, the company's issued, subscribed and paid-up equity share capital increased to ₹24,47,89,580, consisting of 2,44,78,958 fully paid-up equity shares of ₹10 each. The newly allotted equity shares rank pari-passu with existing equity shares of the company.

Regulatory Compliance and Future Conversions

The conversion was conducted in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The company informed both BSE Limited and National Stock Exchange of India Limited about the conversion under Regulation 30 of SEBI Listing Regulations. The remaining 93,500 warrant holders are entitled to convert their warrants within 18 months from the original allotment date by paying the balance 70% amount of ₹90 per warrant.

The Preferential Issue Committee meeting was conducted from 4:00 PM to 5:05 PM on March 23, 2026, with Company Secretary and Compliance Officer Ankur Srivastava signing the intimation to stock exchanges.