Announced Tue, 14 Apr · 15:39 IST
NCLT sanctions scheme of arrangement with Vishal Personal Care
BAJAJCON · 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
+2.2%1-day move
₹419.80
prior close
₹432.05
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6-0.1+0.8-0.3+2.2+12.9+12.0+9.5+11.5+7.6+24.1+28.6+42.8+35.0
Up moveDown movePending
AI summary
NCLT Jaipur Bench has sanctioned the Scheme of Arrangement between Vishal Personal Care (Demerged Co) and Bajaj Consumer Care (Resulting Co) under Sections 230-232 of the Companies Act, 2013. Bajaj Consumer Care received the certified order copy via email on April 13, 2026. The scheme will become effective once e-form INC-28 is filed with the Registrar of Companies. This follows the company's earlier intimation dated July 24, 2025.
Likely market impact
NCLT approval is a key milestone; scheme becomes effective shortly after INC-28 filing. Shareholders await record date and share allotment terms.