Prima Plastics Ltd — Updates, 26-07-2025: Company Update

Prima Plastics has updated shareholders on its Scheme of Arrangement with Prima Innovation. The National Company Law Tribunal (NCLT) has pronounced its order on the company's first motion application. This significant development directs Prima Plastics to convene meetings for its equity shareholders and unsecured creditors. These crucial meetings are a necessary step before the company can complete formalities for filing its second motion application to the NCLT. This advances the demerger process, moving the corporate restructuring forward.