Announced Tue, 30 Jun · 14:55 IST
Amalgamation of wholly owned subsidiary Autoline Design Software with Autoline Industries
AUTOIND · 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
-1.8%1-day move
₹85.00
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.8+1.2+0.6-2.0+3.3+12.3+1.6———
Up moveDown movePending
AI summary
Autoline Industries is merging its fully owned subsidiary Autoline Design Software (IT and engineering services) into itself. The scheme has been amended only at the accounting level to comply with Ind AS 103 on Common Control Business Combinations, based on auditor observations. No changes to valuation, shareholding pattern, or commercial terms. Since the subsidiary is fully owned, no new shares will be issued. Appointed date is April 1, 2025. NCLT approval is still pending.
Likely market impact
Internal restructuring with no change in shareholding or valuation. Neutral for shareholders; NCLT clearance is the next milestone.