Crest Ventures approves demerger of Financial Services business into CCIL

Demerger Ratio AnnouncedStrategic Transactions View source PDF Explain this filing

CREST · price

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

+5.1%Reaction day

₹366.00

prior close

₹365.95

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%+3.8% vs market

Non Banking Financial Company (NBFC) peers, median of 205sector+0.0%+5.1% vs sector

On the reaction day the stock moved 3.8 pts more than Nifty Microcap 250 and 5.1 pts more than its Non Banking Financial Company (NBFC) 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

+0.8

10m

+1.9

15m

+1.9

30m

+4.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.1+1.3+3.8+0.0+5.1

Next day

+8.6+2.6+6.0+1.0+7.6

+7.1+2.7+4.4+0.8+6.3

+10.1+2.1+8.0+0.8+9.3

+6.7+1.6+5.1+1.1+5.6

+5.6+0.8+4.8+0.6+5.0

+5.5+2.2+3.3+0.5+4.9

15d

+3.0-1.6+4.6-2.3+5.3

+4.0-3.0+7.0-3.6+7.5

-3.6-1.6-2.0-6.0+2.4

-16.1-10.5-5.6-11.8-4.3

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 205Pending

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

AI summary

Crest Ventures board approved a draft Scheme to demerge its Financial Services Business into Crest Capital and Investment Limited (CCIL). Share ratio: 1 CCIL share for every 2 Crest Ventures shares. Demerged unit turnover was INR 2,857.78 lakhs in FY25, about 16.49 percent of consolidated H1 FY26 turnover. CCIL will seek BSE and NSE listing. Scheme needs shareholder, creditor, SEBI, RBI, and NCLT approvals. No change in Crest Ventures shareholding.

Likely market impact

Eligible shareholders will get CCIL shares (1 per 2 held). Multiple approvals needed. Aims to unlock value with a focused Financial Services entity.