BSEKkalpana Plastick LtdHighNeutral
Announced Thu, 29 Oct, 2026 · 10:46 IST

Ashish Begwani to take control; major management changes from November 3

Cfo ResignedMultiple Ind Directors ResignedAuditor Resigned MidtermPromoter Family Board EntryKmp ResignedDirector ResignedManagement Changes View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Ashish Begwani completed his open offer and is expected to control the company as promoter by November 3, subject to approvals. His daughter Ayesha will join as managing director, and Ashish plus three independent directors will join the board. Four directors, chief financial officer Navdeep Bhansali, and statutory auditor B. Mukherjee & Co. will step down. Q2 profit was Rs 1 lakh and H1 loss Rs 6.57 lakh, with no operating revenue.

Likely market impact

The incoming owner could change strategy, but several director and finance departures and the auditor change add uncertainty for shareholders.