Please find the attached copy of the Postal Ballot Notice dated 09.02.2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kkalpana Industries is seeking shareholder approval via postal ballot for material related party transactions with two fellow subsidiaries - Ddev Plastiks Industries Limited and Ddev Plastic Limited. Both entities share common promoters and holding company (Bhigplas Poly Private Limited). The proposed limits with DPIL include: goods sale/supply up to Rs.50 crores, purchase/supply up to Rs.30 crores, and services up to Rs.2 crores for FY 2026-27. With DPL, the combined goods sale/purchase limit is Rs.45 crores with individual transactions capped at Rs.7.5 crores. Since the company's FY 2024-25 turnover was Rs.40.50 crores, any transaction exceeding Rs.4.05 crores (10% threshold) requires shareholder approval. The e-voting period runs from April 8, 2026 to May 7, 2026, with results to be declared by May 9, 2026.
Shareholders should carefully evaluate these large related party transactions which exceed Rs.127 crores combined. As both counterparties share common promoters with the company, independent approval ensures arm's length pricing and protects minority shareholder interests. The resolution outcome could impact future profitability if transactions are rejected.