Announced Mon, 24 Aug · 16:36 IST
NCLT reserves order on Dabur and Sesa Care amalgamation scheme
DABUR · 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
-1.1%1-day move
₹398.45
prior close
₹397.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.4-0.4-0.7-1.1-3.0-3.7-4.4-3.6-5.0-4.1———
Up moveDown movePending
AI summary
Dabur India informed exchanges that the NCLT New Delhi Bench has reserved its order on the second motion petition for the proposed amalgamation of Sesa Care Private Limited into Dabur India. All statutory authorities have recorded no objection to the scheme. The scheme is being heard under Sections 230 to 232 of the Companies Act, 2013. The copy of the formal order is awaited and will be shared with the exchanges once received.
Likely market impact
Positive procedural update. Awaiting final NCLT order to complete the merger of Sesa Care into Dabur.