Book Closure date August 01, 2026 to August 07, 2026
CELLO · price
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Cello World Limited's Board approved multiple items at its May 27, 2026 meeting. The Composite Scheme of Arrangement involving Wim Plast Limited (WPL) and Cello Consumer Products Private Limited became effective May 27, 2026 (appointed date April 1, 2025), with WPL's manufacturing business demerged into CCPPL and remaining business amalgamated into Cello World. The company will allot 29,75,909 equity shares (55:100 ratio) for demerger and 16,77,330 equity shares (31:100 ratio) for amalgamation to WPL shareholders on record date June 9, 2026. Authorised share capital increased to ₹140 Crores (28 Crore shares of ₹5 each). The Board recommended final dividend of ₹1.50 per share (30% on face value ₹5) for FY2025-26, payable from August 12, 2026 to shareholders on record July 31, 2026. Book closure is August 1-7, 2026 for AGM on August 7, 2026. Standalone profit after tax for FY2026 was ₹8,049.09 Lakhs vs ₹11,162.41 Lakhs in FY2025, with EPS declining from ₹4.95 to ₹3.57.
The demerger and amalgamation with WPL expands Cello World's operational scale. However, the 35% decline in annual profit and 28% fall in EPS may concern investors. The maintained dividend at ₹1.50/share signals management confidence despite lower profits. The upcoming share issuance to WPL shareholders will dilute existing shareholding.