Announced Fri, 24 Jul · 16:35 IST
NCLT composite scheme of arrangement approved by shareholders and creditors
DOLLAR · 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-day move
₹256.00
prior close
₹260.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—-0.4-0.2-0.0——————————
Up moveDown movePending
AI summary
Dollar Industries shareholders (99.76%) and unsecured creditors (100%) approved a Composite Scheme of Arrangement at NCLT-convened meetings on July 22, 2026. The scheme involves demerger of Dindayal Texpro Private Limited and merger of 8 transferor companies (ADDS Projects, Amicable Properties, Bhawani Yarns, Dollar Brands, Goldman Trading, KPS Distributors, PHPL Properties, Zest Merchants) into Dollar Industries. Voting passed with 3/4 majority.
Likely market impact
Scheme cleared by shareholders and creditors. Awaiting final NCLT sanction. Group consolidation expected; share swap ratio not disclosed in this filing.