Please find attached the Minutes of Postal Ballot vide Postal Ballot Notice dated 09.02.2026, result whereof was declared on 08.05.2026.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kkalpana Industries (India) Ltd has released the minutes of a postal ballot conducted through e-voting (8th April to 7th May 2026) where shareholders approved two material related party transactions for FY 2026-27. Shareholders approved transactions with Ddev Plastiks Industries Limited up to Rs 82 crores (including Rs 50 crores for sales, Rs 30 crores for purchases, and Rs 2 crores for services). They also approved transactions with Ddev Plastic Limited up to Rs 15 crores (max Rs 7.5 crores per transaction). Both resolutions passed with overwhelming majority of 99.06% in favor. Both counterparties are fellow subsidiaries under common holding company Bbigplas Poly Private Limited. The voting turnout was low at 165,409 votes representing only 0.17% of paid-up capital.
Shareholders have cleared the path for Kkalpana Industries to conduct significant business transactions worth up to Rs 97 crores with its group entities in FY 2026-27. While the approvals received strong support, the very low voter turnout (0.17% of capital) means decisions were effectively made by a small portion of shareholders. The transactions are required to be conducted at arm's length in the ordinary course of business.