Cameroon Joint Venture Declares Dividend; Euro 436,701 (Gross) Receivable

Prima Dee-Lite Plastics SARL, the Cameroon-based joint venture, has declared a dividend.

Mon 28 Sep 2026

JV Dividend Amount Receivable

Euro 436,701/- (Gross)

Prima Plastics Shareholding in JV

50 percent

Joint Venture Name

Prima Dee-Lite Plastics SARL

JV Location

Cameroon, West Africa

What happened

Prima Plastics informed the exchange that its joint venture company, Prima Dee-Lite Plastics SARL, based in Cameroon, West Africa, has declared a dividend.

The numbers

• Amount receivable by Prima Plastics: Euro 436,701/- (Gross)
• Prima Plastics' holding in the joint venture: 50 percent

How to read it

A dividend from a joint venture is a distribution of the JV's profits to its shareholders. Since Prima Plastics owns half of the Cameroon venture, it receives its share of that payout. The amount stated is gross, meaning before any applicable taxes or deductions.

This is income arising from an overseas investment rather than from the company's domestic manufacturing operations. Because the amount is denominated in Euro, the rupee value on receipt will depend on the exchange rate at that time.

The disclosure was made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations as an update on the joint venture.

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