Announced Wed, 15 Jul · 18:30 IST
NCLT admits second motion for amalgamation of wholly owned subsidiary
AMBER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.4%1-day move
₹7877.00
prior close
₹7910.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5-0.1-0.2-0.6-1.4-0.5-3.2-5.0-5.7-7.6————
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AI summary
Amber Enterprises informed exchanges that the NCLT Chandigarh Bench passed an order on 3 July 2026 admitting the second motion petition for the amalgamation of its wholly owned subsidiary AmberPR Technoplast India with Amber Enterprises. The Tribunal has directed notices to statutory authorities including MCA, SEBI, NSE, BSE, Income Tax and Official Liquidator, along with publication in Business Standard and Jansatta. Next hearing is scheduled for 22 September 2026.
Likely market impact
Procedural update on internal restructuring; amalgamation of WOS is largely administrative and should not materially impact shareholding or operations.