### Kanpur Plastipack's Strategic Acquisition and Equity Allotment Update

On November 1, 2025, Kanpur Plastipack Limited announced significant corporate developments regarding its equity structure and acquisitions, as per the Securities and Exchange Board of India (SEBI) regulations. The company's Board approved the allotment of 3,33,700 equity shares to Mr. Manoj Agarwal, a promoter, at an issue price of ₹202.61 per share. This preferential allotment is part of a larger transaction involving the acquisition of 76.19% of Valex Ventures Limited, a company specializing in industrial-grade flexible intermediate bulk containers (FIBCs).

The total consideration for this acquisition is approximately ₹8.01 crore, with ₹6.76 crore settled through the equity allotment and the remaining ₹1.25 crore paid in cash. Post-acquisition, Valex will become a subsidiary of Kanpur Plastipack, enhancing its market presence in the UK and expanding its product offerings in customized packaging solutions.

This strategic move not only strengthens Kanpur Plastipack's foothold in the packaging industry but also aligns with its long-term growth objectives. The preferential shares issued are subject to lock-in restrictions as stipulated by SEBI regulations.

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

Stay tuned for further updates on this evolving story as Kanpur Plastipack continues to innovate and lead in the packaging sector.

Keywords: Kanpur Plastipack, Valex Ventures, equity allotment, SEBI regulations, packaging industry, FIBCs, corporate news.