Cello World Limited has informed the Exchange regarding Notice of undefined to be held on December 06, 2025
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The Ahmedabad bench of the National Company Law Tribunal (NCLT) has directed Cello World Limited to hold separate meetings of its equity shareholders and unsecured creditors on December 06, 2025 to consider and approve a Composite Scheme of Arrangement. The scheme involves three entities: Wim Plast Limited, Cello Consumer Products Private Limited, and Cello World Limited, along with their respective shareholders and creditors. The equity shareholders' meeting will be held at 3:00 p.m. and unsecured creditors' meeting at 5:00 p.m., both via video conferencing. Remote e-voting for equity shareholders will run from December 03 (9:00 a.m.) to December 05 (5:00 p.m.), with a cut-off date of November 29, 2025. The notice was dispatched electronically on November 03, 2025 to eligible members as per the NCLT order.
This is a key procedural milestone in the proposed scheme of arrangement (effectively a merger/restructuring among the three companies). Shareholders should review the scheme document and participate in the e-voting, as the outcome will determine whether the restructuring proceeds to the next stage of NCLT approval.