Ecoplast Limited has completed the allotment of equity shares pursuant to the Scheme of Amalgamation between Kunal Plastics Private Limited (Transferor Company) and Ecoplast Limited (Transferee Company).
The Scheme was approved and sanctioned by the Hon'ble National Company Law Tribunal, Ahmedabad Bench vide its order dated May 14, 2026. A record date of June 12, 2026 was previously fixed to determine the shareholders of Kunal Plastics Private Limited eligible to receive shares in Ecoplast Limited.
On June 15, 2026, the Board of Directors of Ecoplast Limited approved the allotment of 13,00,000 (Thirteen Lacs) equity shares of face value ₹10 each to the shareholders of Kunal Plastics Private Limited. The allotment was made in the ratio of 52 fully paid-up equity shares of Ecoplast Limited (face value ₹10) for every 1 fully paid-up equity share of Kunal Plastics Private Limited (face value ₹100).
Capital Structure Impact
Post-allotment, the paid-up equity share capital of Ecoplast Limited has increased to ₹4,75,45,250 (Rupees Four Crores Seventy-Five Lacs Forty-Five Thousand Two Hundred and Fifty Only). This capital is divided into 47,54,525 (Forty-Seven Lacs Fifty-Four Thousand Five Hundred and Twenty-Five) fully paid-up equity shares of face value ₹10 each.
The newly allotted equity shares will rank pari-passu with the existing equity shares of the company and are proposed to be listed and traded on BSE Limited. The company will undertake necessary steps to obtain listing and trading approval from BSE Limited for these shares.
Meeting Details
The Board meeting commenced at 3:30 PM IST and concluded at 3:43 PM IST on June 15, 2026.