Corporate News – Kanpur Plastipack
Kanpur Plastipack Limited (ticker: KANPRPLA.NS) reported a decline of 3.58 % in its share price during the 24‑hour trading window that closed at 09:57 PM Central Europe on Friday, 23 November 2026. At the time of reporting, one share could be purchased for approximately INR 224.59 on the National Stock Exchange and the Bombay Stock Exchange.
The company’s current free‑float supply stands at 24.6 million shares, with a market capitalization of INR 5.6 billion. Trading activity over the past 24 hours totaled INR 7.2 million. From the end of the previous month, the stock has fallen 15.13 %. The 200‑day simple moving average is at INR 207.28, indicating a moderate trend toward the downside. The highest price reached in the last 52 weeks was INR 283.14 on 25 August 2026, while the lowest was INR 151.25 on 23 March 2026.
Voluntary Delisting Announcement
Kanpur Plastipack has formally announced its decision to voluntarily delist its shares from both the National Stock Exchange and the Bombay Stock Exchange. The company has received in‑principle approval from the relevant regulatory authorities and has appointed a dedicated deal manager to oversee the execution of the delisting offer. A detailed public disclosure—outlining the terms of the delisting, the indicative price, and the timeline for the transaction—has been published in the official newspapers and is available on the company’s investor portal.
The delisting is being carried out in strict compliance with the Securities and Exchange Board of India (SEBI) regulations, ensuring that all shareholders will receive the announced consideration for their holdings. The board of directors has approved the proposal, and the offer is now open to the public.
Related Stock Performance in the Past 24 Hours
| Company | Ticker | % Change | Current Price (INR) | Market Capitalisation (INR bn) | Notes |
|---|---|---|---|---|---|
| Popular Vehicles & Service | PVSL.NS | -3.13 % | 91.24 | 6.6 | Resignation of Head of Group Finance Transformation, Jarly Manjesh, effective 21 January 2027. |
| Scoda Tubes | SCODATUBES.NS | -3.79 % | 107.47 | 6.6 | P/E ratio 21.64. |
| Kronox Lab Science | KRONOX.NS | -4.64 % | 189.26 | 6.5 | Amendment to share purchase agreement (22 October 2026) removing lock‑in restrictions and first‑refusal rights for sellers’ 9.95 % stake. |
| Fortis Healthcare | FORTIS.NS | -0.32 % | 712.90 | 6.6 | P/E ratio 52.53. |
| RBL Bank | RBLBANK.NS | -4.51 % | 345.65 | 6.7 | Exploring entry into broking and asset‑management services as part of a broader capital‑market expansion strategy. |
These movements reflect a broader market environment in which several Indian equities are experiencing moderate to significant declines, prompting strategic reassessments by their management teams and shareholders alike.
