Board Meeting27 May 2026, 10:22 pm
Cello World Approves FY26 Results, Scheme of Arrangement
AI Summary
Cello World Ltd's board approved the composite scheme of arrangement among Wim Plast Limited, Cello Consumer Products Private Limited, and Cello World Limited, setting May 27, 2026, as the effective date and June 09, 2026, as the record date. The board also approved the audited standalone and consolidated financial results for the year ended March 31, 2026, and recommended a final dividend of ₹1.50 per share. The 8th AGM will be held on August 07, 2026, via video conferencing.
Key Highlights
- Scheme of Arrangement approved with effective date May 27, 2026.
- Record date fixed as June 09, 2026, for share allotment.
- Authorised share capital increased to ₹140 Crore.
- Final dividend of ₹1.50 per share recommended for FY26.
- 8th AGM scheduled for August 07, 2026, via video conferencing.
Price Impact
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