Bonus issue of shares to be considered by GKP Printing & Packaging in board meeting on this date

Packaging solution provider GKP Printing and Packaging has informed that the company board is meeting on 1st august to consider the bonus issue of shares.

Moreover, the company informed that it is looking to increase its share capital as it is eyeing to debut on National Stock Exchange (NSE). Earlier, the board said the company had filed an application for the listing of equity shares on NSE through the direct listing route.

Maharashtra-based GKP Printing & Packaging is engaged in the manufacturing of corrugated boxes, including master cartons, mono cartons, honeycomb partition boxes, die-cut self-locking boxes, storage bins, unit cartons and more. The company is also engaged in the trading of kraft paper, duplex paper and low-density plastic rolls.

Recently, the company informed that it acquired 43,234 square feet of land in Vapi, Gujarat, for shifting of existing manufacturing facilities and expansion of business. The company has also received permission for construction on the given land.

Its client base includes Tata Consultancy Services, Spectra International, Naaptol, ShopCJ, SM Foods, Almats Branding Solutions, among others.