Merger approved; share exchange record date fixed for November 18

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

DRAGARWQ · 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

-1.3%Reaction day

₹5083.50

prior close

₹5077.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.6%+1.3% vs market

Hospital peers, median of 28sector-1.3%+0.1% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 0.1 pts more than its Hospital 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

-1.7

10m

-0.9

15m

-0.8

30m

-1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.3-2.6+1.3-1.3+0.1

Next day

-3.1-3.6+0.5-2.2-0.9

-0.8-5.8+5.1-4.1+3.3

+1.3-5.5+6.8-1.8+3.1

+3.2-3.8+7.0-1.0+4.2

+0.6pendingpending-0.7+1.3

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15d

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UpDownMarket · Nifty Microcap 250Sector · Hospital peers, median of 28Pending

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

AI summary

The National Company Law Tribunal has sanctioned the merger of Dr. Agarwal's Eye Hospital into Dr. Agarwal's Health Care, effective November 1, 2026. The record date is November 18. Eligible holders will receive 23 fully paid Health Care shares of Rs 1 each for every 2 Eye Hospital shares of Rs 10 each held. Eye Hospital will then be dissolved without winding up.

Likely market impact

Holders receive Health Care shares at 23 for every 2 shares held. Eye Hospital will be dissolved when the merger takes effect on November 1, 2026.