Prima Plastics Limited has published newspaper advertisements in compliance with SEBI regulations following the completion of its demerger scheme with Prima Innovation Limited. The company published advertisements on April 22, 2026, in Financial Express (English) and Vartman Pravah (Gujarati) newspapers, as required under Regulation 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Demerger Scheme Implementation

The Hon'ble National Company Law Tribunal, Ahmedabad Bench, sanctioned the Scheme of Arrangement between Prima Plastics Limited and Prima Innovation Limited on March 16, 2026. The scheme provides for the demerger of the company's Rotational Moulding Business to Prima Innovation Limited on a going concern basis.

Share Allotment and Dematerialization Requirements

Prima Innovation Limited has successfully allotted 1,10,00,470 equity shares in the ratio of 1:1 to shareholders of Prima Plastics Limited. Each fully paid-up equity share of Prima Innovation Limited carries a face value of INR 5, issued against every fully paid-up equity share of INR 10 held in Prima Plastics Limited as on the record date of April 17, 2026.

In compliance with SEBI Circular SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated January 25, 2022, all equity shares of the resulting company are allotted only in dematerialized form. Physical shares held by shareholders as on the record date have been transferred to "PIL - Unclaimed Securities Escrow Suspense Demat Account" opened by Prima Innovation Limited.

Cost Allocation Framework

For determining the post-demerger cost of acquisition, the company has provided specific allocation percentages to shareholders:

Shareholder Action Required

Shareholders holding equity shares in physical form as on the record date are requested to open a Demat Account or provide details of their existing demat account to Bigshare Services Private Limited, the company's Registrar & Transfer Agent. This is necessary for crediting Prima Innovation Limited shares to their respective accounts.

Tax Implications and Compliance

The company has clarified that under Section 47(vid) of the Income Tax Act, the allotment of equity shares by Prima Innovation Limited pursuant to the scheme will not be regarded as a transfer. Additionally, as per explanation 1(i)(g) to Section 2(42A) of the Act, the date of acquisition of Prima Plastics Limited equity shares will be deemed as the acquisition date for Prima Innovation Limited shares.

The guidance document, signed by Company Secretary Nehal Goyal, emphasizes that the communication serves as general guidance only. Shareholders are advised to consult their own tax advisors for specific implications, as the company assumes no liability regarding this guidance.

Prima Plastics Limited has announced the reopening of a special window for shareholders to re-lodge physical share transfer requests that were previously rejected or not processed. This initiative follows regulatory guidelines aimed at facilitating ease of investing and securing investor rights.

Special Window Details

The company has reopened the special window for a period of one year, providing shareholders with an extended opportunity to complete their transfer requests. The window covers transfer deeds that were originally lodged for transfer prior to April 01, 2019 and were subsequently rejected, returned, or not attended to due to various deficiencies.

Submission Process and Requirements

Eligible shareholders can submit their transfer deeds along with requisite documents to the company's Registrar and Share Transfer Agent (RTA). The designated RTA for this process is Bigshare Services Private Limited, which will handle all re-lodgement requests during the specified period.

Important Conditions

During this special window period, all securities that are re-lodged for transfer will be issued exclusively in dematerialized mode. This requirement aligns with current market practices and regulatory preferences for electronic holding of securities.

The company has also made the details regarding this special window available on its official website at www.primaplastics.com for easy access by shareholders.

Company Communication

The announcement was made through a formal notice published in newspapers, including Financial Express (English) and Vartman Pravah (Gujarati), ensuring wide dissemination of information to shareholders. The notice was signed by Nehal Goyal, Company Secretary & Compliance Officer, and dated April 09, 2026, from Mumbai.

This initiative demonstrates the company's commitment to facilitating smooth transfer processes for its shareholders while ensuring compliance with regulatory requirements and modern market practices.