Kkalpana Plastick Limited's Committee of Independent Directors has completed its review of an Open Offer by Mr. Ashish Begwani.

This offer is to acquire up to 14,37,420 Equity Shares, representing 26.00% of the company's total paid-up equity and voting share capital.

The committee's assessment of this Open Offer will be publicly released soon in newspapers and shared with relevant stock exchanges and the market regulator.

This is a key development for shareholders as it relates to a significant acquisition proposal for a portion of the company's shares.