Wim Plast Ltd and Cello World Ltd approved for composite scheme of arrangement
Cello World · Consumer Durables
Key highlights
- Scheme includes amalgamation and demerger among Wim Plast Ltd, Cello Consumer Products Pvt Ltd, and Cello World Ltd, effective from April 1, 2025
- Legal fees: ₹50,000 to Regional Director Goa and ₹20,000 per petitioner to Official Liquidator Goa, payable by Transferee Company
- Compliance mandated for filing order with Registrar of Companies within 30 days using e-form INC-28 and adherence to SEBI, BSE, NSE, Income Tax, GST, and sectoral regulators rules
Why it's rated notable: The NCLT sanctioned the demerger of Wim Plast's undertaking into Cello Consumer Products and the amalgamation of Wim Plast into Cello World, and the filing states no value for either, so the level stays at medium.
Original filing
Announcement under Regulation 30 (LODR)-Scheme of Arrangement
Read the filing on BSE (PDF) →Companies guiding to strong growth
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Potential multibaggers · Q2 FY27
Potential multibaggers in Consumer Durables
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.