Postal ballot approves Rs 29.98 cr related party deal
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 0.5 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Shareholders approved the purchase of Kaygee Laboratories manufacturing facility at Mandideep for Rs 29.98 crores on a slump sale basis as a related party transaction. E-voting ran from Aug 20 to Sep 18, 2026, with 99.82 percent votes in favour and 0.18 percent against out of 37,800 valid votes. Resolution deemed passed on Sep 18, 2026.
Approval clears the Rs 29.98 cr related party acquisition of KLPL's Mandideep unit, expanding manufacturing capacity.