Announced Mon, 15 Jun · 19:46 IST
Promoter group stake rises to 74.45% post Kunal Plastics merger
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.9%1-day move
₹455.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-0.9-1.5+1.5+3.3+3.3+2.2+2.6+6.6——
Up moveDown movePending
AI summary
Ecopoplast promoters and persons acting in concert received 13,00,000 new shares via the merger of Kunal Plastics Pvt Ltd into Ecoplast Ltd, sanctioned by NCLT Ahmedabad on May 14, 2026. Allotment ratio was 52 Ecoplast shares for every 1 Kunal Plastics share. Combined promoter/PAC holding rose from 64.84% to 74.45%. Acquisition is exempt from open offer under Regulation 10(1)(d)(ii).
Likely market impact
Promoter group consolidates control to 74.45% through a court-approved merger; no open offer triggered, minimal float impact for minority shareholders.