Kanpur Plastipack Limited , a manufacturer and exporter of flexible intermediate bulk containers and other plastic products, has announced two significant corporate actions requiring shareholder approval through a postal ballot.

Employee Stock Option Scheme 2025

The company is seeking approval for its maiden Employee Stock Option Scheme-2025 (ESOS-2025). Key details of the scheme include:

• Total Options: Up to 5,00,000 options convertible into an equal number of equity shares
• Eligibility: Employees and directors of the company, excluding promoters and independent directors
• Vesting Period: 1 to 4 years from the date of grant
• Exercise Period: Within 1 year from the date of vesting
• Exercise Price: To be decided by the Nomination and Remuneration Committee, linked to market price

The scheme aims to motivate and retain employees, align their interests with long-term company growth, and provide deferred rewards.

Appointment of Independent Director

Shareholders are also being asked to confirm the appointment of Shri Basant Seth (DIN: 02798529) as an Independent Director. Notable points include:

• Appointment Period: 5 years, from November 10, 2025, to November 9, 2030
• Background: Mr. Seth is a Chartered Accountant with over four decades of experience in banking, finance, and management
• Previous Roles: Held positions such as Chairman and Managing Director of Syndicate Bank and Independent Director on the Board of State Bank of India

Voting Details

• E-voting Period: November 20, 2025, to December 19, 2025
• Results Declaration: By December 22, 2025
• EVEN (E-Voting Event Number): 137681

Shareholders can cast their votes either through e-voting or by submitting physical postal ballot forms. The company has engaged National Securities Depository Limited (NSDL) to provide e-voting facilities.

These corporate actions reflect Kanpur Plastipack's efforts to enhance employee engagement and strengthen its governance structure. Shareholders are encouraged to review the detailed information provided in the postal ballot notice before casting their votes.

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:

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:

1. Acquisition: Kanpur Plastipack acquired UK-based Valex Ventures Limited for ₹8.02 crore, strengthening its presence in the European market.

2. Joint Venture: A 50:50 joint venture with Italy's Essegomma S.p.A. for Taslan yarn technology, expanding into high-performance textile segments.

3. 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.