Please find attached the copy of Postal Ballot Notice dated May 04, 2026, seeking approval of the members of the Company.
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Kkalpana Plastick is seeking shareholder approval via postal ballot (remote e-voting from June 8 to July 7, 2026) to renew a Leave and License Agreement for its registered office — 528 sq. ft. at Maruti Building, Kolkata — with its promoter and holding company, Bbigplas Poly Private Limited (BPPL), which holds 72.56% of Kkalpana's equity. The proposed lease starts August 20, 2026 for 11 months, renewable twice, at a monthly licence fee of Rs 10,000. Because Kkalpana's FY 2025-2026 turnover was Nil, any related party transaction is classified as material under SEBI rules, necessitating this member approval. Past FY 2025-2026 transactions with BPPL include a Rs 6.2 crore loan outstanding, Rs 23.2 lakh interest received, Rs 1.2 lakh rent, and Rs 50,000 security deposit.
This is a routine related party approval for a small office lease — not material in value (Rs 10,000/month) — and is unlikely to affect share price. Shareholders should note BPPL's controlling stake (72.56%) means approval is largely procedural, though voting is still required by minority holders.