Enclosed h/w is the Outcome of the Board Meeting held on 27th May, 2026.
WIMPLAST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Wim Plast Ltd's Composite Scheme of Arrangement involving itself, Cello Consumer Products Private Limited (CCPPL), and Cello World Limited (CWL) has become effective today. The Hon'ble NCLT Ahmedabad Bench had sanctioned the scheme via order dated 14th May, 2026. With the scheme taking effect, Wim Plast Ltd stands dissolved without being wound up. The appointed date is 1st April, 2025. A Record Date of 9th June, 2026 has been fixed for CWL to allot equity shares to WPL shareholders pursuant to the demerger and amalgamation. As a result, WPL's audited financial results for Q4 and FY ended March 2026 were not placed before the Board, and future financials will be reported through CCPPL and CWL. An Extraordinary General Meeting scheduled for 6th June, 2026 has become infructuous and stands cancelled.
Wim Plast Ltd has ceased to exist as a standalone listed entity following the scheme becoming effective. Shareholders of WPL will receive equity shares in Cello World Limited, with 9th June, 2026 as the record date. The stock may be delisted following dissolution.