Description
3,33,700 equity shares of Kanpur Plastipack Limited issued on preferential basis to promoters listed on BSE with effect from January 20, 2026.
Summary
BSE has listed 3,33,700 new equity shares of Kanpur Plastipack Limited (Scrip Code: 507779) issued on a preferential basis to promoters. The shares are listed and permitted to trade with effect from Tuesday, January 20, 2026. These shares were allotted on November 1, 2025 at an issue price of Rs. 202.61 per share (face value Rs. 10 with premium of Rs. 192.61) and are subject to lock-in until July 31, 2027.
Key Points
- 3,33,700 equity shares of Rs. 10 each listed on BSE
- Issued at premium of Rs. 192.61 per share (total issue price: Rs. 202.61)
- Allotted to promoters on preferential basis
- Shares ranking pari-passu with existing equity shares
- Distribution numbers: 23240840 to 23574539
- ISIN: INE694E01014
- All shares subject to lock-in until July 31, 2027
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members are informed of the listing of these new securities and must ensure proper trading protocols from the effective date.
Important Dates
- Date of Allotment: November 1, 2025
- Trading Commencement: January 20, 2026
- Lock-in Period Expiry: July 31, 2027
Impact Assessment
This is a routine preferential allotment to promoters with minimal market impact. The shares increase the total equity base by 3,33,700 shares and are subject to a lock-in period of approximately 21 months from the listing date, preventing immediate trading by allottees. The preferential issue to promoters typically indicates confidence in the company’s prospects.
Impact Justification
Routine listing of preferential allotment to promoters with minimal market impact