NCLT-convened shareholder meeting on Oct 24 for merger with Agribiotech Industries

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.9%Reaction day

₹312.00

prior close

₹312.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+1.5% vs market

Breweries & Distilleries peers, median of 25sector-0.5%+2.4% vs sector

On the reaction day the stock moved 1.5 pts more than Nifty Microcap 250 and 2.4 pts more than its Breweries & Distilleries peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.3

10m

+1.3

15m

+1.3

30m

+1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.9+0.4+1.5-0.5+2.4

Next day

+0.8+1.7-0.9+0.3+0.5

+1.3+0.2+1.1-0.6+1.9

+0.6+0.5+0.1+0.0+0.6

+2.5-1.1+3.6-1.8+4.3

+0.6-0.1+0.7-2.9+3.6

-1.0-1.6+0.7-5.6+4.7

15d

-1.0-1.4+0.4-5.9+4.9

-0.8-7.4+6.6-11.8+11.0

—————

UpDownMarket · Nifty Microcap 250Sector · Breweries & Distilleries peers, median of 25Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Agribio Spirits (Scrip 539546) will hold an NCLT-directed equity shareholders meeting on October 24, 2026 at 3 PM via physical and video conferencing to approve the Scheme of Amalgamation (merger by absorption) of Agribiotech Industries (Transferor) into Agribio Spirits (Transferee). Remote e-voting runs Oct 19-23, 2026. Cut-off date is Sept 30, 2025. BSE issued no-objection letter in Feb 2026. Share Exchange Ratio Report dated Dec 30, 2024 and Fairness Opinion dated Dec 31, 2024 are annexed.

Likely market impact

Shareholders to vote on merger. If approved, Agribiotech merges into Agribio Spirits. Needs 75% majority vote plus final NCLT sanction.