Key Resolutions for Shareholder Approval
1. Increase in Authorised Share Capital
- Current Authorised Capital: ₹5,00,00,000 divided into 50,00,000 Equity Shares of ₹10 each
- Proposed Authorised Capital: ₹15,00,00,000 divided into 1,50,00,000 Equity Shares of ₹10 each
- Increase: Creation of additional 1,00,00,000 Equity Shares of ₹10 each
- Rationale: To facilitate the bonus issue and any further capital issuances considering the size and operations of the company
- Approval Required: Ordinary Resolution under Sections 13 and 61 of Companies Act, 2013
2. Issue of Bonus Shares
- Ratio: 3:1 (Three new Equity Shares for every One existing Equity Share)
- Face Value: ₹10 per share
- Source of Funds: Capitalization of ₹8,16,00,000 from Free Reserves and Securities Premium Account
- Number of New Shares: 81,60,000 Equity Shares
- Post-Bonus Paid-up Capital: ₹10,88,00,000 comprising 1,08,80,000 Equity Shares
- Implementation Timeline: Within two months from the Board meeting date (July 11, 2026) subject to shareholder approval
- Fractional Entitlements: Board will make suitable arrangements including aggregation and sale of fractional shares, with net proceeds distributed to eligible shareholders
- Listing: New shares will be listed on BSE Limited in dematerialized form
Voting Details
- Voting Method: Remote e-voting only (no physical ballot forms)
- E-voting Service Provider: Purva Sharegistry (India) Pvt. Ltd.
- Scrutinizer: Mrs. Zankhana Bhansali of M/s. Zankhana Bhansali & Associates
- Cut-off Date: Friday, 10th July 2026
- Voting Period: Tuesday, July 14, 2026 (9:00 AM IST) to Wednesday, August 12, 2026 (5:00 PM IST)
- Result Declaration: On or before Friday, August 14, 2026
Document Availability
- Company website: https://kpackltd.com/
- BSE website: www.bseindia.com
- E-voting platform: https://evoting.purvashare.com/
- Material documents available for electronic inspection at registered office between 11:00 AM and 1:00 PM on working days
Board Approval
Both resolutions were approved by the Board of Directors at their meeting held on Saturday, July 11, 2026.
Interest Disclosure
None of the Directors/Key Managerial Personnel/their relatives are concerned or interested in these resolutions, except to the extent of their shareholding in the company.