BSEPrima Plastics LtdMediumPositive
Announced Sat, 30 May · 11:02 IST

We are pleased to inform that our Subsidiary Company, Prima Union Plasticos S.A., Guatemala has declared a dividend. The details are attached herewith.

Corporate Actions View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+0.3%1-day move
₹109.45
prior close
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3-3.2+16.8+23.3+27.9+21.5+22.9+9.7
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AI summary

Prima Plastics Ltd announced that its 90% owned subsidiary, Prima Union Plasticos S.A. based in Guatemala, has declared a dividend. The total dividend amount is Quetzal 13,788,000, equivalent to USD 1,800,000 (gross). As the majority shareholder, Prima Plastics Ltd will receive this dividend income, which strengthens the parent company's cash position. The disclosure was made on May 30, 2026 under SEBI's Listing Regulations.

Likely market impact

This is a positive development for Prima Plastics as the subsidiary dividend will flow back to the parent company, boosting its cash reserves and potentially supporting future distributions to shareholders.