STOCKWATCH

Wim Plast Ltd. Receives No Adverse Observations from BSE Ltd. on Composite Scheme of Arrangement

Wim Plast Ltd. has received an Observation Letter with no adverse observations from BSE Ltd. in relation to their composite scheme of arrangement. This allows the company to file the draft Scheme with the National Company Law Tribunal (NCLT). The scheme remains subject to applicable regulatory and other approvals. The letter is also available on the company's website. SEBI has given comments on the scheme, including disclosure of ongoing proceedings, additional information, compliance with SEBI circulars, and more.

• Wim Plast Ltd. has received an Observation Letter with no adverse observations from BSE Ltd.
• The company can now file the draft Scheme with the National Company Law Tribunal (NCLT).
• SEBI has given comments on the scheme that the company needs to address.
• The scheme remains subject to applicable regulatory and other approvals.
• The letter is also available on the company's website.