Wim Plast Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/05/2026 ,inter alia, to consider and approve the Effective Date and fix the Record ....
WIMPLAST · price
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Wim Plast Ltd has called a board meeting on May 27, 2026 to finalize a major corporate restructuring. The NCLT Ahmedabad Bench has already passed an order on May 14, 2026 sanctioning the Composite Scheme involving Wim Plast Ltd, Cello Consumer Products Private Limited, and Cello World Limited. The meeting will set the Effective Date and determine the Record Date for identifying shareholders who will receive equity shares from Cello World Limited due to the demerger and amalgamation. The trading window remains closed for insiders until 48 hours after this meeting concludes.
This indicates the demerger-amalgamation scheme is in its final stages of execution. Once the Effective Date is fixed, shareholders will receive shares in Cello World Limited as part of the restructuring, which will likely impact Wim Plast's standalone business scope.