Kolkata-based Kkalpana Industries (India) Limited announced the results of its postal ballot conducted for the financial year 2026-27, with the outcomes declared on May 8, 2026. The company sought shareholder approval through electronic voting in line with provisions of the Companies Act, 2013, related regulations, and recent Ministry of Corporate Affairs circulars permitting e-voting.

Shareholders were asked to approve two material related party transactions through ordinary resolutions. The first transaction involved Kkalpana Industries entering into agreements with Ddev Plastiks Industries Limited, and the second concerned similar transactions with Ddev Plastic Limited.

According to the scrutinizer’s report dated May 8, 2026, both resolutions were overwhelmingly approved. In each case, 99.06% of the votes cast were in favor, while only 0.94% were against the proposals.

The postal ballot was conducted under the framework of Sections 108 and 110 of the Companies Act, 2013, along with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.

Swati Bhansali, Company Secretary of Kkalpana Industries (India) Limited, formally communicated the results on behalf of the board. The approval allows the company to proceed with the specified material related party transactions for the current financial year, aligning with internal compliance and regulatory requirements.