Scheme of Amalgamation (Merger by Absorption)

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

ABDL · price

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

-3.5%Reaction day

₹664.90

prior close

₹665.90

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-1.5%-2.0% vs market

Breweries & Distilleries peers, median of 24sector-1.8%-1.8% vs sector

On the reaction day the stock moved 2.0 pts less than Nifty Smallcap 250 and 1.8 pts less 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

-1.2

10m

-1.1

15m

-0.7

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.5-1.5-2.0-1.8-1.8

Next day

-3.7-1.7-2.0-1.1-2.7

-6.5-1.7-4.7-2.1-4.3

-7.1-1.9-5.2-2.8-4.2

-4.1-1.2-3.0-1.4-2.7

-5.9-1.6-4.3-2.6-3.2

+0.3-0.7+1.0-3.9+4.2

15d

-1.6-3.2+1.6-8.0+6.4

-8.4-6.9-1.5-14.9+6.5

-16.9-3.1-13.9-11.6-5.3

-23.2-8.4-14.8-17.9-5.3

UpDownMarket · Nifty Smallcap 250Sector · Breweries & Distilleries peers, median of 24Pending

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

AI summary

The board of Allied Blenders and Distillers Limited (ABDL) has approved a Scheme of Amalgamation to merge its two wholly-owned subsidiaries — Deccan Star Distilleries India Private Limited (DDPL) and Sarthak Blenders & Bottlers Private Limited (SBBPL) — into ABDL, effective from the appointed date of April 1, 2025. DDPL is currently a non-operating company with a negative net worth of around Rs 4.5 lakh, while SBBPL is in the business of bottling alcoholic beverages and has a negative net worth of about Rs 10.7 crore. Since both are wholly-owned by ABDL, no new shares will be issued and the shareholding pattern of ABDL will remain unchanged. The merger is aimed at simplifying the group structure, reducing regulatory compliance costs, and eliminating administrative duplication. The scheme will now be filed with the NCLT for approval.

Likely market impact

This is a purely internal restructuring with no change in ABDL's shareholding, no new share issuance, and no direct impact on the stock price. Investors should view it as housekeeping rather than a value-creating event.