Kkalpana Plastick Limited submitted a disclosure to BSE Limited regarding the results of a postal ballot process conducted for shareholder approval of a material related party transaction.

The company's Board of Directors had appointed Mr. Ashok Kumar Daga (Membership No. FCS: 2699 and COP No: 2948), a Practicing Company Secretary from Kolkata, as the Scrutinizer for the postal ballot voting process at its meeting held on May 04, 2026. The company engaged National Securities Depository Limited (NSDL) to provide electronic voting facilities to shareholders.

The voting process was conducted through remote e-voting from June 08, 2026 (09:00 AM IST) to July 07, 2026 (05:00 PM IST). Shareholders holding shares as of the cut-off date of May 29, 2026 were entitled to vote on the proposed resolution. The e-voting system was disabled after the voting period ended, and votes were unblocked on July 07, 2026 at 05:25 PM in Kolkata.

The resolution put to vote was Item No. 1 from the Postal Ballot Notice dated May 04, 2026 - an Ordinary Resolution seeking approval for Material Related Party Transaction(s) between Kkalpana Plastick Limited and Bbigplas Poly Private Limited.

The specific transaction involved renewing contract(s)/arrangement(s)/transaction(s) with Bbigplas Poly Private Limited (identified as a Promoter of the Company and a related party under Section 2(76) of the Companies Act, 2013 and Regulation 2(1)(zb) of SEBI Listing Regulations) for availing on lease office space admeasuring 528 sq. ft. situated at 'Maruti Building', 12, Dr. U. N. Brahmachari Street, 5th Floor, Flat No: 5F, Kolkata-700017.

The proposed lease term was 11 months effective from August 20, 2026, with provision for renewal after expiry for two additional terms of 11 months each, aggregating to a maximum of 33 months. The monthly license fee was proposed at ₹10,000 (Rupees Ten Thousand Only), or such other license fee as may be agreed upon between the parties.

Voting Results

The voting results showed that the resolution was not passed with the requisite majority:

  • Total votes cast: 25,798 votes (0.46% of total issued shares)
  • Votes in favor: 283 votes (1.10% of votes cast) from 28 members
  • Votes against: 25,515 votes (98.90% of votes cast) from 6 members
  • Invalid votes: 0

Shareholder Participation Breakdown

  • Total number of shareholders on record date: 18,513
  • Promoter and Promoter Group holdings: 4,012,335 shares (0 votes cast)
  • Public Institutions holdings: 50 shares (0 votes cast)
  • Public Non-Institutions holdings: 1,516,150 shares (25,798 votes cast, representing 1.7015% of their holdings)
  • Total outstanding shares: 5,528,535

Only public non-institutional shareholders participated in the voting, with a very low overall participation rate of 0.46% of total issued shares. The resolution failed decisively with 98.9% of votes cast against the transaction.

The Scrutinizer certified that there was no instance of duplicate voting and that his responsibility was limited to ascertaining the voting processes and preparing the scrutinizer's report on votes cast for or against the resolution.

The company formally communicated this outcome to BSE Limited for record purposes, with a copy to The Calcutta Stock Exchange Limited.