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BSEKkalpana Plastick LtdHighNeutral
Announced Fri, 14 Aug, 2026 · 13:33 IST

Open Offer for Kkalpana Plastick shares at Rs 28 each

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Acquirer Ashish Begwani has launched a mandatory open offer to buy up to 14,37,420 shares (26%) of Kkalpana Plastick at Rs 28 each, totaling about Rs 4.02 crore. This follows a deal to acquire 72.58% stake from existing promoters Sarla Surana and Bbigplas Poly for Rs 11.23 crore, leading to change of control. Shareholders can tender shares between August 21 and September 4, 2026.

Likely market impact

Shareholders can exit at Rs 28 per share during the tendering window. Expect price action toward the offer price as the deal date approaches.