Ecoplast Limited Completes Amalgamation with Kunal Plastics

Ecoplast Limited's authorized share capital is now ₹10.25 crore, up from ₹0.25 crore for Kunal Plastics.

Reader Takeaway: Amalgamation legally complete; procedural step with no pending approvals. Share capital revised.

What just happened

Ecoplast Limited has announced that the Scheme of Amalgamation of Kunal Plastics Private Limited with Ecoplast Limited is now effective from May 28, 2026. This follows the National Company Law Tribunal (NCLT) Ahmedabad Bench's order dated May 14, 2026, and the subsequent filing of its certified copy with the Registrar of Companies, Ahmedabad.

As a result of this amalgamation, Kunal Plastics Private Limited has been dissolved without being wound up, and its operations and assets have been consolidated into Ecoplast Limited.

Why this matters

This development marks the formal legal conclusion of the corporate restructuring. For investors, it means the transferor company, Kunal Plastics, no longer exists as a separate legal entity. Its share capital has been integrated into Ecoplast Limited, leading to a revised authorized share capital for the transferee company.

The backstory

Ecoplast Limited is involved in the manufacturing of plastic products. Kunal Plastics Private Limited was the transferor company in this amalgamation. The process has now reached its final effective stage as per the NCLT order.

What changes now

The authorized share capital of Ecoplast Limited has been consolidated to ₹10.25 crore. The previous authorized share capital of Kunal Plastics was ₹0.25 crore (₹25 lakh). This integration signifies a unified capital structure post-amalgamation.

Compliance and Governance

The company stated that this disclosure and filing are in compliance with Section 232(5) of the Companies Act, 2013, and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investor Takeaway

The amalgamation process is now legally closed. There are no further regulatory approvals pending for this restructuring. Investors can note the updated authorized share capital figure, but the announcement primarily confirms the finalization of a previously planned corporate action.