Purpose: Seeking shareholder approval for material related party transaction between Kkalpana Plastick Limited and Bbigplas Poly Private Limited
Transaction Type: Renewal of lease agreement for office space
Property: 528 sq. ft. office space at 'Maruti Building', 12, Dr. U.N. Brahmachari Street, 5th Floor, Flat No: 5F, Kolkata-700 017
Term: 11 months effective from August 20, 2026, with option to renew for two additional terms of 11 months each (maximum 33 months total)
Monthly License Fee: ₹10,000 (Rupees Ten Thousand Only) or such other fee as may be agreed between parties
Counterparty: Bbigplas Poly Private Limited (BPPL) - Promoter and holding company of Kkalpana Plastick Limited
Voting Details
Voting Method: Remote electronic voting (e-Voting) only
Cut-off Date: Friday, May 29, 2026 (for determining voting eligibility)
Voting Period: Monday, June 08, 2026 (09:00 AM IST) to Tuesday, July 07, 2026 (05:00 PM IST)
Scrutinizer: Mr. Ashok Kumar Daga (Practising Company Secretary, Membership No. FCS: 2699 and CP No: 2948)
Result Declaration: On or before Thursday, July 09, 2026
Service Provider: National Securities Depository Limited (NSDL)
Financial Context
The transaction is considered material because the company's turnover in Financial Year 2025-2026 was Nil, making any related party transaction exceed the 10% threshold specified in SEBI Listing Regulations
BPPL holds 4,011,335 equity shares (72.56%) in Kkalpana Plastick Limited as of March 31, 2026
Previous transactions with BPPL in FY 2025-2026 included:
Loan to BPPL: ₹6,20,38,716.77
Interest received from BPPL: ₹23,20,796.41
Rent paid to BPPL: ₹1,20,000.00
Security deposit to BPPL: ₹50,000.00
Corporate Governance
Audit Committee has reviewed and recommended the transaction
The transaction is stated to be at arm's length and in the ordinary course of business
As per Regulation 23(4) of SEBI Listing Regulations, no related party shall vote to approve the resolution
Administrative Details
Registrar and Transfer Agent: MUFG Intime India Private Limited (replaced CB Management Services Private Limited effective May 08, 2026)
Notice sent only electronically to members with registered email addresses
Notice available on company website (www.kkalpanaplastick.com), BSE (www.bseindia.com), CSE (www.cse-india.com), and NSDL (www.evoting.nsdl.com)
Advertisement to be published in English and Bengali newspapers
Additional Information
The premises serves as the registered office of the company
The transaction requires approval due to both Companies Act and SEBI Listing Regulations requirements
No defaults by related party in previous transactions
No director/KMP has direct or indirect interest in the transaction beyond their shareholding
The company has made arrangements for members to register email addresses for electronic communication
