BSEKkalpana Plastick LtdHighNeutral
Announced Wed, 28 Oct, 2026 · 24:02 IST
Open offer completed; Ashish Begwani to take control as new promoter
Price reaction
Awaiting price reaction for this filing.
AI summary
Ashish Begwani’s open offer is complete; he is expected to become promoter and take control after share transfer by 3 Nov 2026, while existing promoters become public shareholders. Q2 FY27 saw no sales; total income fell to Rs 9.97 lakh from Rs 12.29 lakh, and first-half net loss was Rs 6.57 lakh versus Rs 2.29 lakh profit. Four directors resigned, new directors and a chief financial officer were appointed, and the statutory auditor resigns on 3 Nov.
Likely market impact
Control is expected to shift to Ashish Begwani, but weak sales, a half-year loss, board turnover and auditor change raise price volatility risk.