Annual General Meeting to be held on August 07, 2026
CELLO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Cello World Limited's Board approved multiple key items on May 27, 2026. The Composite Scheme of Arrangement involving Wim Plast Limited (WPL) demerger into Cello Consumer Products Private Limited and amalgamation of WPL's remaining business into Cello World became effective May 27, 2026 (appointed date April 1, 2025), with WPL dissolved. Record date for share allotments (46,53,239 total shares) is June 9, 2026. Authorised capital increased to ₹140 crore (28 crore shares of ₹5 each). Standalone FY2025-26 revenue was ₹11,155 crore with profit after tax of ₹805 crore, compared to ₹11,126 crore revenue and ₹1,116 crore PAT in FY25. The Board recommended 30% dividend (₹1.50 per share) for FY26, subject to shareholder approval at the 8th AGM on August 7, 2026. The QIP funds of ₹738 crore raised in July 2024 were fully utilised with no deviations reported. An exceptional charge of ₹198 lakh was recognised for new Labour Codes impact.
The scheme completion and increased authorised capital support future expansion. However, FY26 profit declined 35% year-on-year despite flat revenues, which may concern investors. The dividend offers 30% payout. Shareholders should note the June 9 record date for share allotments and July 31 record date for dividend eligibility.