DiGiSPICE NCLT shareholder meet on July 13 for 3-way amalgamation scheme

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

DIGISPICE · 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

+0.8%Reaction day

₹19.07

prior close

₹18.70

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.0%+1.8% vs market

On the reaction day the stock moved 1.8 pts more than Nifty Microcap 250, 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

+1.9

10m

+1.9

15m

+2.6

30m

+2.6

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+0.8-1.0+1.8

Next day

+0.5-0.4+0.8

+1.2-0.8+2.0

+0.3-1.9+2.2

+1.0-1.3+2.3

+0.7-1.0+1.6

-0.8-2.8+2.0

15d

-9.6+0.4-10.0

-10.2+2.4-12.6

-14.9+1.0-15.9

-16.2+1.8-17.9

UpDownMarket · Nifty Microcap 250Pending

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

AI summary

DiGiSPICE held an NCLT-ordered shareholders meeting on July 13 via video conferencing to approve a scheme of amalgamation. Spice Money, E-Arth Travel Solutions, and Vikasni Fintech will merge into DiGiSPICE. Remote e-voting ran July 9-12. Combined results to be announced on BSE, NSE and company website.

Likely market impact

Voting results pending. If approved, three companies merge into DiGiSPICE, expanding its fintech and travel solutions footprint.