Ecoplast Limited has finalized the allotment of 13 lakh equity shares following an NCLT-approved amalgamation with Kunal Plastics Private Limited. This resulted in an increase in promoter shareholding to 74.45%.

Ecoplast Limited Completes Amalgamation Allotment

Ecoplast Limited has completed the allotment of 13,00,000 equity shares, each with a face value of Rs. 10, to the shareholders of Kunal Plastics Private Limited. This significant corporate action took place on June 15, 2026, following the approval of the Scheme of Amalgamation by the National Company Law Tribunal (NCLT), Ahmedabad Bench, on May 14, 2026. The amalgamation involved an exchange ratio of 52 Ecoplast shares for every 1 share of Kunal Plastics Private Limited.

Reader Takeaway: Promoter stake increases post-merger; watch for EPS dilution.

What just happened

Ecoplast Limited has issued 13,00,000 new equity shares to the former shareholders of Kunal Plastics Private Limited as part of a court-approved amalgamation. This transaction marks the finalization of the merger process.

Why this matters

The allotment directly impacts the company's shareholding structure. The promoter group's total shareholding has increased from 22,39,837 shares (64.84%) to 35,39,837 shares (74.45%). This rise is a direct consequence of the amalgamation and not an open market purchase.

The backstory

This event is the culmination of a Scheme of Amalgamation sanctioned by the NCLT. The process involved regulatory approvals and an exchange ratio defined for the merger.

What changes now

The company has completed its disclosure obligations under SEBI (SAST) Regulations, 2011. The share capital has expanded, which will affect metrics like Earnings Per Share (EPS).

Risks to watch

Investors should monitor the potential dilution of Earnings Per Share (EPS) due to the issuance of new shares. The increased promoter holding to 74.45% is a mechanical outcome of the merger.

Peer comparison

(No specific peer comparison data available in the filing.)

Context metrics (time-bound)

• Allotment Date: June 15, 2026
• NCLT Order Date: May 14, 2026
• Shares Allotted: 13,00,000 equity shares
• Post-Transaction Promoter Shareholding: 74.45%

What to track next

Investors should watch for Ecoplast Limited's future financial performance, particularly its ability to maintain or grow EPS despite the increased share count. Tracking any further corporate actions or business updates will also be crucial.