Kkalpana Plastick's Independent Directors Committee has assessed Mr. Ashish Begwani's open offer to acquire up to 14.37 lakh equity shares, representing 26% of the company, at Rs. 28 per share.

The Committee believes the offer is fair and reasonable, noting the Rs. 28 offer price is higher than the determined fair value of Rs. 12.71 per share and matches the acquirer's negotiated purchase price.

Shareholders should be aware that KPL shares are trading above the offer price on BSE and are currently under Graded Surveillance Measures (GSM) Stage 4. Independent evaluation is advised for an informed decision.