Announced Wed, 1 Jul · 21:44 IST
Chambal Breweries board OKs draft merger; Invade Agro defers review
Strategic Transactions View source PDF
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
+4.0%1-day move
₹24.27
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+4.0+9.2+14.6+20.4+26.4+39.3+67.9———
Up moveDown movePending
AI summary
Chambal Breweries board approved a draft scheme of amalgamation with Invade Agro on June 29, 2026. Invade Agro's board deferred consideration of the same scheme citing short notice and insufficient time for its independent directors to review documents. The scheme will be taken up at subsequent board meetings of both companies and remains subject to statutory and regulatory approvals.
Likely market impact
Deal still uncertain as the other party's board deferred review. Watch for future board meeting updates and regulatory approvals.