Please find attached intimation under Regulation 30 of the Listing Regulations for the effectiveness of Scheme of Demerger between Prima Plastics Limited and Prima Innovation Limited
M&A
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MEDIUM RISK
📅 Filed on BSE: 01 Apr 2026, 05:40 PM IST · BSE ID: 3514494b-31db-446c-b47b-5ee5abe610d3
View Original BSE Filing (PDF)
💡
In Simple Terms
Prima Plastics has formally split into two separate companies — Prima Plastics and Prima Innovation — effective today after court approval.
🤖 AI Summary
- Prima Plastics demerger scheme effective April 01, 2026 — NCLT order filed with RoC, Goa
- Prima Plastics classified as demerged company; Prima Innovation as resulting company
- NCLT Ahmedabad Bench sanctioned scheme March 16, 2026; certified order filed April 01, 2026
- Record date and shareholder dissemination details to follow separately
- Scheme structured via form INC-28 filing with Registrar of Companies
🔢 Key Numbers — exact figures from BSE filing, not rounded
Scheme effective date
April 01, 2026
NCLT approval date
March 16, 2026
🏢 How This Affects the Company
Demerger separates Prima Plastics and Prima Innovation into independent entities with distinct business operations and management. Shareholder value distribution and operational independence now take effect.
Balance sheet, assets, liabilities, and equity will be divided between demerged and resulting companies. Shareholders receive interests in both entities per the NCLT-approved scheme.
Prima Innovation operates as standalone entity from April 01, 2026. Prima Plastics continues as separate legal entity. Both entities now manage independent operations, workforce, and assets.
Demerger execution introduces operational separation risk during transition period. Regulatory compliance and systems separation must be completed post-effectiveness to ensure business continuity in both entities.
👥 What This Means For Shareholders
✅
Action Required
Await separate intimation regarding record date and share dissemination process — maintain shares in demat till record date notified.
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Who Is Affected
All Prima Plastics shareholders as of record date will receive shares in Prima Innovation per scheme ratio and terms approved by NCLT.
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Management Signal
Board executed NCLT-sanctioned demerger plan, indicating strategic separation of businesses into independent operational entities with distinct governance.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Record date announcement for share dissemination to Prima Plastics shareholders
Separate intimation regarding Prima Innovation share allotment process and ratio
Financial results and operational updates from both entities post-demerger completion
MEDIUM RISK
Demerger execution introduces separation risk during transition. Shareholder value depends on business performance of two now-independent entities and timely completion of all dissemination mechanics.
💡 Investor Takeaway
Prima Plastics demerger scheme became effective April 01, 2026 following NCLT approval March 16, 2026 and RoC filing. Shareholders will receive interests in both Prima Plastics (demerged) and Prima Innovation (resulting company). Record date and dissemination details pending separate announcement.
⚖️ Strengths & Concerns
✅ Positives
- NCLT court approval obtained March 16, 2026 — demerger legally sanctioned by competent authority
- Effective April 01, 2026 with certified RoC filing — regulatory requirement completed on schedule
⚠️ Concerns
- Record date and share dissemination mechanics not yet disclosed — shareholders lack timeline for completion
- Scheme details and asset-liability allocation breakdown not provided in this filing — full terms unavailable
📅 Company Track Record
Prima Plastics demerger process began with scheme announcement and NCLT filing in prior periods. NCLT Ahmedabad Bench sanctioned scheme March 16, 2026. Effectiveness achieved April 01, 2026 with RoC filing. This filing confirms operational effectiveness of court-approved demerger structure.
Based on publicly available historical data. For context only.