Prima Plastics Guatemala Subsidiary Declares $1.8M Dividend

Scrip Symbol

PRIMAPLA

Prima Plastics Limited submitted a regulatory disclosure to BSE Limited regarding a dividend declaration by its subsidiary company. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company's subsidiary, Prima Union Plasticos S.A., located in Guatemala, has declared a dividend. The total dividend amount declared is Quetzal 13,788,000, which is equivalent to USD 1,800,000 on a gross basis.

Prima Plastics Limited owns 90% of the shares in this subsidiary company and is therefore entitled to receive this dividend amount. The disclosure specifies that the amount is receivable by Prima Plastics Limited on a gross basis.

The communication was signed by Nehal Goyal, Company Secretary and Compliance Officer (Membership No. A79764) of Prima Plastics Limited, and was addressed to the Listing Centre of BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001.