Belding India approves merger of wholly owned subsidiary DC&T Global into itself

Scheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

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

+1.3%Reaction day

₹986.95

prior close

₹961.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%+0.2% vs market

Aluminium, Copper & Zinc Products peers, median of 6sector+2.9%-1.6% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 1.6 pts less than its Aluminium, Copper & Zinc Products 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

+2.6

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15m

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30m

+3.0

Sessions after the filingfrom the prior close

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Reaction day

+1.3+1.1+0.2+2.9-1.6

Next day

+4.2+2.4+1.7+3.4+0.8

+0.9+2.9-2.0+2.1-1.2

+1.3+4.2-2.9+3.3-2.0

+0.8+4.6-3.8+3.2-2.4

+1.0+4.6-3.6+4.4-3.4

-5.4+4.4-9.7+4.8-10.2

15d

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+8.4+6.6+1.9+7.4+1.0

-3.6+5.4-9.0+6.2-9.8

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UpDownMarket · Nifty Microcap 250Sector · Aluminium, Copper & Zinc Products peers, median of 6Pending

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

AI summary

Belding India's Board approved a Scheme of Amalgamation to merge its wholly owned subsidiary DC&T Global Private Limited into itself via absorption. DC&T operates in data centre EPC, battery energy storage systems, and advanced manufacturing. No consideration involved as Belding holds 100 percent of DC&T; no new shares issued and no change in shareholding pattern. Subject to NCLT and other approvals. DC&T FY25-26 turnover Rs 1.20 lakh, net worth Rs 446.89 lakh; Belding consolidated net worth Rs 1048.44 lakh.

Likely market impact

Simplifies group structure, folds DC&T's data centre and energy assets into Belding. No share dilution for shareholders. Needs NCLT approval to take effect.