This is in reference to our letter dated July 26, 2025 issued under Regulation 30 of SEBI LODR, Regulations, 2015 where we have rectified clerical/typographical error in relation to update ....
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Prima Plastics Ltd informed BSE about correcting a typographical error in its earlier letter dated July 26, 2025, clarifying that the NCLT Ahmedabad Bench pronounced its order on July 25, 2025 (not July 25, 2024 as previously mentioned). The order relates to the first motion application filed for the Scheme of Arrangement between Prima Plastics Ltd (Demerged Company) and Prima Innovation Ltd (Resulting Company). The NCLT has directed Court-convened meetings of equity shareholders and unsecured creditors to be held on September 27, 2025. Following this meeting, the company will complete formalities for filing the second motion application with NCLT to progress the demerger scheme. The Notice and Explanatory Statement under Sections 230-232 are being finalised for circulation within prescribed timelines.
This is a procedural correction with no material change in the underlying corporate action. Shareholders should note September 27, 2025 as the key date for the shareholder and creditor meeting that will decide on the demerger scheme between Prima Plastics and Prima Innovation Ltd.