Ecoplast Ltd has completed its amalgamation with Kunal Plastics Private Limited by allotting 13,00,000 equity shares. This corporate action, approved by NCLT, increases Ecoplast's total shares to over 47.5 lakh.

Ecoplast Ltd Completes Kunal Plastics Merger with Share Allotment

Ecoplast Ltd has officially completed its merger with Kunal Plastics Private Limited. The company announced the allotment of 13,00,000 equity shares as the final step in the amalgamation process.

Reader Takeaway: Merger completion boosts share count; investors gain exposure to combined entity.

What just happened

Ecoplast Ltd's Board of Directors approved the allotment of 13,00,000 equity shares on June 15, 2026. This action finalizes the Scheme of Amalgamation with Kunal Plastics Private Limited, following the National Company Law Tribunal's sanction in May 2026.

Why this matters

The share allotment signifies the successful integration of Kunal Plastics into Ecoplast. This corporate action increases the company's total equity base, which now stands at 47,54,525 shares, with a paid-up capital of ₹4.75 crore. The newly issued shares are expected to be listed on BSE Limited.

The backstory

The merger was approved by the National Company Law Tribunal, Ahmedabad Bench, in May 2026. The record date for this allotment was June 12, 2026.

What changes now

The capital structure of Ecoplast has been updated with the issuance of new shares. The company will now proceed with the listing of these 13,00,000 equity shares on the BSE. The new shares rank pari-passu with existing ones.

Peer comparison

Mergers and acquisitions are common in the plastics industry as companies seek to scale operations and expand market reach. Ecoplast's move aligns with this trend, aiming to leverage synergies between the two entities.

Context metrics (time-bound)

• Allotted Shares: 13,00,000
• Share Swap Ratio: 52:1
• Record Date: June 12, 2026
• Post-Allotment Total Shares: 47,54,525
• Post-Allotment Paid-up Capital: ₹4.75 crore

What to track next

Investors should monitor the listing of the new shares on the BSE and the subsequent performance of the integrated Ecoplast entity.