BSE and NSE clear merger scheme of CMRSL into Cyber Media

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CYBERMEDIA · price

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▲ 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

-3.3%1-day move

₹16.74

prior close

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base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————-3.3-4.3-2.7+0.1+0.8-7.3-7.3———

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AI summary

BSE and NSE have given no objection and no adverse observations to the proposed merger of Cyber Media Research and Services Limited (CMRSL) into Cyber Media (India) Limited (CMIL) under Sections 230 to 232 of the Companies Act, 2013. The observation letters were received on June 25, 2026. The next step is filing the scheme with the NCLT within six months. The merger remains subject to shareholder, creditor, and NCLT approvals. SEBI has outlined several disclosure and compliance conditions to be met by the company.

Likely market impact

Positive step towards merger completion. NCLT and shareholder approvals still pending before the scheme becomes effective for investors.