Please find attached the copy of Postal Ballot Notice dated May 04, 2026, seeking approval of the members of the Company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kkalpana Plastick Limited is seeking shareholder approval via postal ballot (e-voting from June 8, 2026 to July 7, 2026) for renewing a lease of its registered office space (528 sq. ft. at Maruti Building, Kolkata) with Bbigplas Poly Private Limited (BPPL), at Rs 10,000 per month for 11 months, extendable up to 33 months. BPPL is the promoter and holding company of Kkalpana, owning 72.56% of its equity shares. The transaction is classified as 'material' because Kkalpana's turnover for FY2025-26 was Nil, making any related party transaction automatically material under SEBI rules. Past transactions with BPPL include an outstanding loan of Rs 6.20 crore given to BPPL and interest of Rs 23.20 lakh received from it.
This is a routine operational matter — a small office lease with the promoter entity — so direct stock price impact is limited. However, investors should note the significant intercompany loan of Rs 6.20 crore owed by the promoter group to the company, which is a related party exposure worth monitoring.