Proceedings of the Meeting of the Unsecured Creditors and Equity Shareholders of the Company held on 9th December, 2025, pursuant to the directions of the Hon''ble NCLT, Ahmedabad bench.
WIMPLAST · price
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Wim Plast Limited held a meeting on 6th December 2025 as directed by the NCLT Ahmedabad Bench (under Company Scheme Application CA(CAA) No. 44/NCLT(AHM)2025). Shareholders and unsecured creditors voted to approve a Composite Scheme of Arrangement among Wim Plast Limited, Cello Consumer Products Private Limited, and Cello World Limited. The resolution was passed with the requisite majority. This is a key procedural milestone toward completing the proposed corporate restructuring among the three entities.
Approval by shareholders and creditors clears a major regulatory hurdle for the Composite Scheme of Arrangement. Once sanctioned by NCLT, the restructuring (which involves two listed group entities) will reshape the corporate structure of Wim Plast and Cello World and could materially affect shareholding, share price, and the listing status of Wim Plast.