UK Paints promoter arm to acquire 14.48% Berger Paints stake via amalgamation scheme

Listed Co AcquisitionNclt Scheme FiledStrategic Transactions View source PDF Explain this filing

BERGEPAINT · 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

+0.7%Reaction day

₹537.80

prior close

₹538.75

announcement price

In-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.8%-0.1% vs market

Paints peers, median of 8sector+0.0%+0.7% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Midcap 150 and 0.7 pts more than its Paints 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

-0.3

10m

+2.4

15m

+0.8

30m

+0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.7+0.8-0.1+0.0+0.7

Next day

+2.1+0.9+1.1+0.4+1.7

+2.5+0.5+2.0-0.2+2.7

+1.1+0.2+0.9-1.2+2.3

+0.9-0.2+1.1-0.4+1.3

-1.8-0.4-1.4-0.6-1.2

-1.1+1.0-2.1-0.0-1.1

15d

-3.7-1.0-2.7+1.1-4.8

-5.4-3.5-1.9-4.8-0.6

-13.4-1.2-12.3-11.6-1.8

-24.5-12.2-12.3-25.7+1.2

UpDownMarket · Nifty Midcap 150Sector · Paints peers, median of 8Pending

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

AI summary

UK Paints (India) Pvt Ltd, part of the promoter group, will acquire 16.87 crore equity shares (14.48%) of Berger Paints India from Jenson & Nicholson (Asia) Ltd under an NCLT-sanctioned amalgamation scheme. No cash consideration; deal closes on or after 29 Dec 2025. Promoter stake rises from 50.09% to 64.57%. No open offer triggered as it is an intra-group transfer.

Likely market impact

Internal restructuring with no cash outgo. Promoter holding rises to 64.57%, no open offer triggered. Neutral to mildly positive for minority shareholders on simplification.