Headline: Kanpur Plastipack Limited Announces Allotment of Securities and Acquisition of Valex Ventures

On November 1, 2025, Kanpur Plastipack Limited, a prominent manufacturer and exporter of flexible packaging solutions, disclosed the allotment of equity shares on a preferential basis. This decision follows approvals from the Board and shareholders regarding the acquisition of 76.19% of Valex Ventures Limited, a UK-based company specializing in industrial-grade flexible intermediate bulk containers (FIBCs).

The preferential issue includes the allotment of 3,33,700 fully paid-up equity shares at ₹202.61 each, totaling approximately ₹6.76 crore. The acquisition involves purchasing 16,000 equity shares of Valex from Mr. Manoj Agarwal, a promoter of Kanpur Plastipack, for ₹8.01 crore. The transaction will be settled partly through the issuance of shares and a cash payment of ₹1.25 crore.

Post-allotment, Mr. Agarwal's shareholding in Kanpur Plastipack will increase from 10.42% to 11.69%, illustrating a significant commitment to the company's growth. Valex Ventures, contributing £11.68 lakh in revenue for FY 2024-25, is expected to enhance Kanpur Plastipack's market reach, particularly in customized bulk packaging solutions.

The transaction adheres to the Securities and Exchange Board of India (SEBI) regulations, ensuring compliance and transparency. All securities allotted will be subject to lock-in restrictions as per applicable laws.

For further details, you can visit Kanpur Plastipack's official website [www.kanplas.com](http://www.kanplas.com).

This strategic move positions Kanpur Plastipack for expansion within the flexible packaging sector and strengthens its operational capabilities through the integration of Valex Ventures. Stay tuned for more updates on this developing story!