Kanpur Plastipack Limited — Important, 05-11-2024: General Updates

Kanpur Plastipack Ltd announced the correction of the closure date for its wholly-owned subsidiary, Kanplas Do Brasil Ltda, which officially closed on September 2, 2024, instead of October 21, 2024, as previously reported. The miscommunication during the closure process caused this discrepancy. The subsidiary contributed INR 4.69 crore, or 0.93% of total revenue, and its net worth was INR 0.53 crore, or 0.29%. The company aims for improved communication in future disclosures.