Cello World Limited, formerly known as Cello World Private Limited, has announced the scheduling of shareholder meetings on December 6, 2025, as part of a Composite Scheme of Arrangement involving Wim Plast Limited and Cello Consumer Products Private Limited. This decision follows an order from the National Company Law Tribunal (NCLT) issued on October 7, 2025, mandating separate meetings for equity shareholders and unsecured creditors to discuss and approve the proposed arrangement. The meetings will take place at 3:00 p.m. for equity shareholders and 5:00 p.m. for unsecured creditors, conducted via video conferencing.
In preparation for the meetings, Cello World Limited has completed the dispatch of the notice to equity shareholders whose email addresses are registered with the company, in accordance with the NCLT's directions. The cut-off date for e-voting is set for November 29, 2025, with remote voting opening on December 3, 2025, at 9:00 a.m. IST and closing on December 5, 2025, at 5:00 p.m. IST. This structured e-voting process is part of the company's compliance with the SEBI Listing Regulations and aims to facilitate stakeholder participation in the decision-making process related to the scheme.
For more details regarding the meetings and the accompanying documents, stakeholders can visit Cello World Limited's official website. The company has ensured transparency and accessibility by hosting all relevant information online. As they navigate this significant corporate restructuring, Cello World Limited is poised to enhance its operational framework and financial stability through this strategic arrangement.