AGL certifies fractional share proceeds distribution from Adicon Ceramica demerger

Demerger ratio announcedScheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

ASIANTILES · price

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▲ 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

-3.3%Reaction day

₹60.20

prior close

₹58.80

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.0%-1.4% vs market

Ceramics peers, median of 10sector+0.4%-3.8% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Microcap 250 and 3.8 pts less than its Ceramics 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

+0.4

10m

+0.3

15m

-0.0

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.3-2.0-1.4+0.4-3.8

Next day

-3.7-0.1-3.6-0.0-3.7

-3.8-1.6-2.2-1.6-2.1

-3.2-2.7-0.5-1.7-1.4

-0.1+0.3-0.4-0.4+0.3

-0.1+2.0-2.2+1.3-1.4

-1.8+3.7-5.5+1.8-3.7

15d

-10.1+5.2-15.4+3.2-13.3

-19.3+3.3-22.6-0.6-18.6

-10.3+9.0-19.3-1.8-8.5

-17.1+11.8-29.0+3.5-20.7

UpDownMarket · Nifty Microcap 250Sector · Ceramics peers, median of 10Pending

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

AI summary

AGL's Audit Committee and Independent Directors have certified completion of fractional share proceeds distribution from the Adicon Ceramica Tiles demerger scheme. The NCLT-sanctioned scheme (effective 01 March 2026) had a swap ratio of 1060 AGIL shares for every 11 ACTPL shares. The trustee sold 14 fractional shares at Rs 60.50 each on 03 June 2026, generating Rs 851.67 gross. Net Rs 825.83 was distributed to eligible shareholders on 04 June 2026 after deductions of Rs 25.85.

Likely market impact

Procedural completion of demerger. Tiny payout (Rs 825.83 net) to fractional shareholders. No material impact on AGL stock.