NCLT meetings approve Delta Corp composite scheme of arrangement

Scheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

DELTACORP · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-0.5%Reaction day

₹60.78

prior close

₹61.05

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-0.5% vs market

Leisure Services peers, median of 87sector · industry level+0.1%-0.6% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.6 pts less than its Leisure Services 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

+0.2

10m

-0.0

15m

-0.2

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.5+0.1-0.5+0.1-0.6

Next day

-1.0+0.2-1.2-0.4-0.6

-0.4+0.6-1.0-0.7+0.3

-2.2-0.0-2.2-0.8-1.4

-2.0+0.5-2.5-0.6-1.5

-3.3+0.8-4.0-0.6-2.7

+1.4+0.6+0.8-0.5+1.9

15d

-7.4+1.3-8.7-1.7-5.7

-11.7-1.4-10.4-4.2-7.5

+33.8-0.6+34.3-5.8+39.5

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UpDownMarket · Nifty Microcap 250Sector · Leisure Services peers, median of 87Pending

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

AI summary

Delta Corp Limited secured approval from Unsecured Creditors and Equity Shareholders for its Composite Scheme of Arrangement involving Delta Corp, Deltin Hotel and Resorts, Delta Penland, and Deltin Cruises and Entertainment. Both meetings, held via video conferencing on Aug 13, 2026 under NCLT directions, approved the scheme with the required three-fourths majority. The scheme now moves toward NCLT final approval under Sections 230 to 232 of the Companies Act 2013.

Likely market impact

Restructuring moves closer to NCLT final approval. Specific swap ratio and shareholder impact details will follow in next update.