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Kanpur Plastipack LimitedOthers, 08-07-2025: Copy of Newspaper Publication

08-07-2025 | 12:29 pm

Kanpur Plastipack Ltd has announced a special window for re-lodgement of transfer of physical shares to ease shareholder transactions. Separately, lenders of Jaiprakash Associates are evaluating five bids for resolution, with Adani Group leading with a ₹12,250 Cr offer that includes upfront cash and conditional asset retention. This is critical as the company faces legal challenges on a 1,000-hectare land parcel, affecting final approvals. The resolution process matters for creditors as they face significant potential losses on approved claims exceeding ₹59,000 Cr.

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