Kanpur Plastipack Submits Postal Ballot Minutes to Stock Exchanges After ESOS Approval

Kanpur Plastipack Limited has formally submitted the minutes of its postal ballot proceedings to BSE and NSE on December 30, 2025, completing the regulatory compliance process following the successful approval of its Employee Stock Option Scheme 2025 and independent director appointment. The company announced the voting results on December 22, 2025, with both proposed resolutions receiving overwhelming shareholder approval.

Postal Ballot Results and Compliance

The postal ballot process concluded on December 19, 2025, with Shri Adesh Tandon of M/s Adesh Tandon & Associates serving as the appointed scrutinizer. The scrutinizer submitted his final consolidated report on December 22, 2025, confirming the approval of both special resolutions with requisite majority.

Process Timeline:	Date
Postal Ballot Notice:	November 10, 2025
Voting Completion:	December 19, 2025
Scrutinizer Report:	December 22, 2025
Stock Exchange Filing:	December 22, 2025
Minutes Submission:	December 30, 2025

Employee Stock Option Scheme 2025 Approval

Shareholders approved the company's maiden Employee Stock Option Scheme-2025 (ESOS-2025) through the postal ballot process. The scheme received overwhelming support with 99.99% of valid votes cast in favor, demonstrating strong shareholder confidence in the company's employee engagement strategy.

ESOS 2025 Parameters:	Details
Total Options:	Up to 5,00,000 options convertible into equity shares
Eligibility:	Employees and directors (excluding promoters and independent directors)
Vesting Period:	1 to 4 years from grant date
Exercise Period:	Within 1 year from vesting date
Voting Support:	99.99% of valid votes in favor

Independent Director Appointment Confirmed

The appointment confirmation of Shri Basant Seth (DIN: 02798529) as Independent Director received strong shareholder support with 99.99% of valid votes in favor. His appointment strengthens the company's board governance structure.

Appointment Details:	Information
Director Name:	Shri Basant Seth (DIN: 02798529)
Tenure:	5 years (November 10, 2025 to November 9, 2030)
Professional Background:	Chartered Accountant with 40+ years experience
Previous Roles:	CMD of Syndicate Bank, Independent Director at SBI
Voting Support:	99.99% of valid votes in favor

Stock Exchange Submission Details

Company Secretary Ankur Srivastava formally submitted the postal ballot minutes to both BSE and NSE on December 30, 2025, pursuant to Section 110 of the Companies Act, 2013, and SEBI LODR Regulations, 2015. The submission included complete proceedings and scrutinizer reports for regulatory record.

Exchange Details:	Information
BSE Scrip Code:	507779
NSE Trading Symbol:	KANPRPLA
Submission Date:	December 30, 2025
Submitted By:	Ankur Srivastava, Company Secretary
Regulatory Compliance:	Section 110, Companies Act 2013 & SEBI LODR

The successful completion of the postal ballot process and subsequent regulatory filings demonstrate the company's commitment to corporate governance and transparency, with both resolutions receiving near-unanimous shareholder support for strategic growth initiatives.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+11.75%	+7.29%	-7.77%	-14.81%	+42.72%	+125.15%

Kanpur Plastipack Limited , a leading manufacturer of industrial packaging solutions, has reported a robust financial performance for the second quarter of fiscal year 2026, with a significant surge in net profit.

Financial Highlights

The company's Q2FY26 results showcase impressive growth across key financial metrics:

Metric	Q2FY26	Q2FY25	YoY Growth
Revenue	₹16,610.00 lacs	₹15,355.00 lacs	8.17%
EBITDA	₹1,633.00 lacs	-	-
EBITDA Margin	9.83%	-	-
Net Profit	₹756.00 lacs	₹144.00 lacs	425.00%
Net Profit Margin	4.55%	0.94%	384.00%
EPS	₹3.25	₹0.67	385.00%

For the first half of FY26, the company reported:

Revenue growth of 20% year-on-year to ₹34,834.00 lacs
Net profit surge of over 47 times to ₹1,447.00 lacs

Operational Performance

Kanpur Plastipack's strong performance is underpinned by its diverse product portfolio and global presence:

Export markets contribute 70% of revenue across 60+ countries
Product range includes FIBCs, multifilament yarn, UV masterbatches, and fabrics
Manufacturing operations based across four units in Kanpur, Uttar Pradesh
Nearly 50% of energy needs met through solar power

Strategic Developments

The company has announced several strategic initiatives to drive future growth:

Acquisition: Kanpur Plastipack acquired UK-based Valex Ventures Limited for ₹8.02 crore, strengthening its presence in the European market.
Joint Venture: A 50:50 joint venture with Italy's Essegomma S.p.A. for Taslan yarn technology, expanding into high-performance textile segments.
Capex Program: Announced a ₹105.26 crore capex program focused on:
- Capacity expansion in the FIBC division
- Automation and modernization of facilities
- Diversification into non-woven products

Sustainability Initiatives

Kanpur Plastipack continues to prioritize sustainability in its operations:

Commitment to zero liquid discharge
Implementation of rainwater harvesting systems
EPR-compliant operations
Focus on fully recyclable product designs

Future Outlook

With its strategic investments and focus on sustainable growth, Kanpur Plastipack is well-positioned to capitalize on the growing demand for industrial packaging solutions globally. The company's diversification into non-woven products and expansion of its FIBC capacity are expected to drive future revenue growth and profitability.

As the company continues to leverage its integrated manufacturing capabilities and expand its global footprint, it aims to strengthen its position as a leading player in the industrial packaging sector.