Crest Ventures board approves demerger of financial services business

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), a wholly-owned subsidiary. The demerged undertaking had consolidated turnover of INR 2,857.78 Lakhs in FY25 and INR 1,527.74 Lakhs in H1 FY26, about 16.49% of total consolidated turnover. Share entitlement ratio fixed at 1 CCIL equity share of INR 10 for every 2 Crest Ventures shares of INR 10. CCIL will seek separate listing on BSE and NSE. Scheme is subject to NCLT, SEBI, RBI, stock exchange, shareholder and creditor approvals.

Likely market impact

Eligible shareholders will receive 1 CCIL share for every 2 Crest Ventures shares held. CCIL to list separately once all approvals are received.