Enclosed h/w is the Consolidated Scrutinizer''s Report on the voting results of the Hon''ble NCLT convened meetings of equity shareholders and unsecured creditors of the Company, held on ....
WIMPLAST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Wim Plast Limited submitted the Scrutinizer's Report for the NCLT-convened meetings held on December 6, 2025, to seek approval of equity shareholders and unsecured creditors on a Composite Scheme of Arrangement among Wim Plast Limited (WPL), Cello Consumer Products Private Limited (CCPPL), and Cello World Limited (CWL) under Sections 230-232 of the Companies Act, 2013. Equity shareholders approved the resolution with 99.91% votes in favour (8,606,528 shares) versus just 0.09% against (8,010 shares). Unsecured creditors also approved the scheme with 99.47% of valid votes in favour (Rs. 12.14 crore) and only Rs. 65,050 in invalid votes. Both resolutions were passed with the requisite majority. The NCLT Ahmedabad Bench had directed these meetings via its order dated October 7, 2025.
The scheme has cleared the key shareholder and creditor approval hurdles at the NCLT-convened stage with overwhelming support, moving it closer to final NCLT sanction. Once effective, this reorganisation will reshape the structure between Wim Plast, Cello Consumer Products, and Cello World, which shareholders should monitor for any subsequent share-swap, demerger, or related corporate actions.