Shareholders approve Composite Scheme with Wim Plast
CELLO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 1.5 pts more than its Houseware peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Cello World shareholders approved a Composite Scheme of Arrangement with Wim Plast Limited and Cello Consumer Products Private Limited at an NCLT-convened meeting on Dec 6, 2025. 91.16% of outstanding shares voted, with 99.99% in favor (only 17 votes against). Promoters, public institutions, and public non-institutions all backed the resolution unanimously.
Positive - shareholder approval advances the scheme. Still pending final NCLT sanction and other regulatory clearances before it takes effect.