Kanpur Plastipack Limited — QIP/Rights/Pref., 13-08-2025: Issue of Securities

Kanpur Plastipack (KPL) is expanding! The company is set to acquire 76.19% of Valex Ventures, a UK-based industrial packaging distributor. This strategic move aims to expand KPL's global footprint. The total acquisition cost is ₹8.01 Cr. KPL will fund ₹6.76 Cr by issuing 3,33,700 new equity shares at ₹202.61 each to promoter Mr. Manoj Agarwal, and the remaining ₹1.25 Cr will be paid in cash. Shareholders' approval is sought at the AGM on September 8, 2025. This acquisition strengthens KPL's market position.