Prima Plastics Ltd Announces Chief Marketing Officer’s Transfer to Prima Innovation Limited
Prima Plastics Ltd has announced a change in its senior management personnel. Mr. Paras Bhaskar Parekh, the company’s Chief Marketing Officer, has ceased his services at Prima Plastics Ltd, effective April 20, 2026.The cessation is due to his transfer to Prima Innovation Limited, following a Scheme of Arrangement. Mr. Parekh will continue his service in the capacity of Chief Marketing Officer with Prima Innovation Limited.
Key Personnel Change Details
The key details regarding this transition confirm that Mr. Paras B. Parekh stepped down from his role as Chief Marketing Officer at Prima Plastics Ltd on April 20, 2026, due to his transfer to the subsidiary, Prima Innovation Limited, where he will retain the title of Chief Marketing Officer.The material facts related to this senior management transition are summarized below:
| Particulars | Details |
|---|---|
| Name and Designation of the Senior Management Personnel | Mr. Paras B. Parekh, Chief Marketing Officer |
| Reason for Change | Cessation on April 20, 2026, due to transfer to Subsidiary Company as Chief Marketing Officer |
| Date of Cessation | April 20, 2026 |
Stock Price Movement
Prima Plastics Ltd shares concluded trading today at ₹117.00, dropping 3.89% for the session. The shares ranged significantly throughout the day, moving between an intraday low of ₹115.66 and a high of ₹122.00.Source:
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