Description
Listing and trading commencement of 3,33,700 equity shares of Kanpur Plastipack Limited issued on preferential basis to promoters, effective January 20, 2026.
Summary
BSE has listed 3,33,700 new equity shares of Kanpur Plastipack Limited (Scrip Code: 507779) issued on preferential basis to promoters. The shares will be available for trading from January 20, 2026, with a lock-in period until July 31, 2027.
Key Points
- 3,33,700 equity shares of Rs. 10/- each listed
- Issue price: Rs. 202.61/- (face value Rs. 10/- + premium Rs. 192.61/-)
- Allotment date: November 1, 2025
- Issued to promoters on preferential basis
- Shares rank pari-passu with existing equity shares
- Distinctive numbers: 23240840 to 23574539
- ISIN: INE694E01014
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members are informed of the new securities listing
- All shares are subject to lock-in restrictions until July 31, 2027
- Shares cannot be traded or transferred during the lock-in period
Important Dates
- Allotment Date: November 1, 2025
- Trading Commencement: January 20, 2026 (Tuesday)
- Lock-in Expiry: July 31, 2027
Impact Assessment
Minimal immediate market impact as the preferential allotment is to promoters and all shares are locked in for approximately 18 months. The shares rank equally with existing equity shares but will not be tradeable until the lock-in period expires. This represents capital raising by the company through promoter participation at a significant premium to face value.
Impact Justification
Routine listing of preferential allotment to promoters with lock-in period. Limited market impact as shares are locked until July 2027.