Announced Tue, 21 Jul · 18:59 IST

Open Offer filed for Kkalpana Plastick at Rs 28 per share

Listed Co AcquisitionOpen Offer TriggeredStrategic Transactions View source PDF

Price

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▲ 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

+10.2%1-day move

₹38.68

prior close

—

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————+10.2+15.7+21.5+27.6——————

Up moveDown movePending

AI summary

Draft Letter of Offer filed by Manager VC Corporate Advisors for an Open Offer by Mr. Ashish Begwani to acquire 14,37,420 shares (26%) of Kkalpana Plastick at Rs 28 per share in cash, totalling Rs 4.02 crore. This is triggered under SEBI SAST Regulations 3(1) and 4 by an SPA dated July 7, 2026 to buy 72.58% from outgoing promoters Mrs. Sarla Surana and Bbigplas Poly for Rs 11.23 crore. Post-offer, the acquirer will hold 98.58%, causing change of management and control. Tendering period: Aug 28 to Sep 10, 2026.

Likely market impact

Change of control to new promoter; public shareholders can tender shares at Rs 28 between Aug 28 and Sep 10, 2026.