Prima Plastics Ltd — Important, 22-04-2026: Company Update
22-04-2026 · 12:08 pm
Prima Plastics has issued guidance to shareholders regarding the cost apportionment of shares following the NCLT-sanctioned demerger. The company’s Rotational Moulding Business was transferred to Prima Innovation Limited (PIL). Shareholders received one new PIL equity share (face value INR 5) for every one Prima Plastics share held (face value INR 10). For determining the post-demerger acquisition cost, shareholders should apportion 59% to Prima Plastics Limited and 41% to Prima Innovation Limited. This clarification helps shareholders compute their cost basis for tax purposes after the business split.
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