BSEEcoplast Ltd-$MediumNeutral
Announced Fri, 28 Nov · 19:12 IST

As attached

Listed Co AcquisitionNclt Scheme FiledStrategic Transactions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ecoplast Limited (BSE: 526703) held NCLT-directed meetings on November 28, 2025, to seek approval for the amalgamation of Kunal Plastics Private Limited (KPPL) with Ecoplast Limited under Sections 230–232 of the Companies Act, 2013. The equity shareholders' meeting ran from 10:00 a.m. to 10:30 a.m. with a quorum of 30 shareholders, while the unsecured creditors' meeting ran from 3:30 p.m. to 3:53 p.m. with a quorum of 3 creditors, both held via video conferencing. Mr. Jayesh Shah, appointed as Chairperson by the NCLT, Ahmedabad Bench-II, presided over the meetings. The business stated in the notice was transacted and voting was conducted through electronic means. Detailed voting results and the Scrutinizer's Report (Mr. Vishal Dilipkumar Davda) will be filed separately under SEBI LODR regulations.

Likely market impact

This is a procedural step toward completing the merger of Kunal Plastics into Ecoplast. Shareholders and creditors have given their consideration; final approval now depends on the NCLT's sanction and the detailed voting outcome, which will determine if the amalgamation proceeds smoothly.