Kanpur Plastipack Limited has officially announced the grant of 4,04,740 Employee Stock Options (Options) under its Employee Stock Option Scheme – 2025 (Scheme). The decision was finalized during a meeting of the Nomination and Remuneration Committee held on May 08, 2026, where the options were allotted to eligible employees. These options are convertible into an equal number of equity shares with a face value of Rs. 10 each.

The exercise price for these granted options has been determined at Rs. 202/- per Option, a figure derived based on a pricing formula linked to the market price as defined within the Scheme. The committee maintains the authority to re-price these grants in the future should the share price decline significantly, ensuring the incentive remains attractive for employees. Eligible employees can exercise their vested options within a one-year window following the completion of a vesting period that ranges from one to four years from the grant date.

Kanpur Plastipack Limited, established in 1971, is a prominent manufacturer and exporter of Flexible Intermediate Bulk Containers (FIBC), technical textiles, and industrial packaging solutions. In a major strategic move in 2025, the company expanded its international footprint by acquiring a 76.19% stake in the UK-based distributor Valex Ventures Limited. Furthermore, the company announced the Essekan joint venture with an Italian partner to focus on advanced packaging for European markets, aiming for higher-margin export opportunities. These developments underscore the company’s focus on scaling its global presence and enhancing its product mix with value-added technical textiles.

For the quarter ended March 2026, the company reported a consolidated revenue of Rs. 182.54 Crore, marking a 9.46% increase compared to Rs. 166.76 Crore in the corresponding quarter of 2025. The consolidated net profit for the same period saw a substantial surge of 399.33%, rising to Rs. 14.98 Crore from Rs. 3.00 Crore in the previous year. As of March 2026, the promoter holding stood at 68.12%, with no shares pledged. Notable individual shareholders include Usha Agarwal (13.43%), Manoj Agarwal (11.65%), and Shashank Agarwal (8.94%). While domestic institutional investors (DIIs) hold approximately 1.48% of the company, no specific “famous” individual retail investors are currently highlighted in the top public shareholding disclosures for 2025-2026.