Prima Plastics Ltd — Dividend/Bonus, 04-04-2026: Corp. Action
04-04-2026 | 04:28 pm
04-04-2026 | 04:28 pm
Prima Plastics Limited has clarified a clerical error regarding its Scheme of Demerger with Prima Innovation Limited. The effective date of the scheme, sanctioned by NCLT, is now corrected to March 31, 2026, instead of April 1, 2026. As part of this scheme, eligible shareholders of Prima Plastics will receive 1 fully paid-up equity share of Prima Innovation (face value INR 5) for every 1 fully paid-up equity share of Prima Plastics (face value INR 10). The company has set April 17, 2026, as the Record Date to identify these eligible shareholders for the new share allotment.
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