Prima Plastics Limited announced that the Ministry of Corporate Affairs has approved incorporation of wholly owned subsidiary of the Company in the name of Prima Innovation Limited on June 20, 2024. Prima Innovation Limited is a company incorporated under the Companies Act, 2013 and having its registered officer at Survey No. 85/1-2, 86/1, Daman Ind.

Estate, Kadaiya, Nani Daman, Daman And Diu, 396210. Industry to which the entity being acquired belongs: Plastics Industry. Objects and impact of acquisition: The object is to diversify and expand the current business operations which will help the Company in becoming more agile and diversified.

Date of Incorporation: June 20, 2024.