Newspaper Advertisement regarding Notice of Hearing of Company Scheme Petition.
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 Ltd has published newspaper advertisements on 23rd January 2026 (in Indian Express and Sandesh) giving public notice of a hearing scheduled for 26th February 2026 before the NCLT Ahmedabad Bench. The hearing pertains to the Composite Scheme of Arrangement involving Wim Plast Limited, Cello Consumer Products Private Limited, and Cello World Limited, along with their respective shareholders and creditors. The scheme is being pursued under Sections 230 to 232 of the Companies Act, 2013. This filing was made pursuant to SEBI Listing Regulations (Regulations 30 and 47), which require listed companies to publicly disclose material corporate actions such as scheme of arrangement hearings.
This is a procedural disclosure with no immediate effect on the stock price. However, it signals that a significant corporate restructuring — likely a merger or amalgamation involving the Cello group entities and Wim Plast — is moving forward and entering the judicial approval stage.