Newspaper Advertisement for notice of the NCLT convened meetings of equity shareholders and unsecured creditors.
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Awaiting price reaction for this filing.
Ecoplast Limited has published a newspaper advertisement (in The Indian Express and The Financial Express) on October 28, 2025, giving notice of meetings ordered by the NCLT, Ahmedabad Bench on October 14, 2025. The meetings are for equity shareholders and unsecured creditors of Ecoplast to consider and approve the Scheme of Amalgamation of Kunal Plastics Private Limited (Transferor Company) with Ecoplast Limited (Transferee Company). Both meetings will be held on Friday, November 28, 2025, via video conferencing — equity shareholders at 10:00 a.m. and unsecured creditors at 1:00 p.m. The cut-off date for e-voting eligibility is November 21, 2025, with remote e-voting open from November 25 to November 27, 2025. The scheme needs approval of three-fourths in value of shareholders and creditors voting, with quorum set at 30 equity shareholders and 3 unsecured creditors.
This is a procedural step toward completing the amalgamation of Kunal Plastics Pvt. Ltd. into Ecoplast Limited. Shareholders and unsecured creditors should review the scheme and exercise their vote by November 28, 2025 — approval will move the merger closer to completion, while rejection could halt or delay the consolidation.