Announced Mon, 20 Apr · 17:49 IST
President of ROTO Division transferred to subsidiary under Scheme of Arrangement
Management Changes View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-8.0%1-day move
₹117.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-8.0-12.4-15.4-20.2-16.2-12.0-12.4-4.7+15.0+5.1
Up moveDown movePending
AI summary
Mr. Rajib M. Sengupta, President of the Rotational Moulding (ROTO) Division, has ceased from Prima Plastics effective April 20, 2026. The reason is his transfer to subsidiary Prima Innovation Limited as part of a Scheme of Arrangement between the two companies. He will continue in the same role (President – ROTO Division) at the subsidiary. This is an internal group restructuring, not a departure from the broader Prima group.
Likely market impact
Internal restructuring under a Scheme of Arrangement; the executive continues in the same role at the subsidiary. Largely neutral for shareholders.