Announced Mon, 15 Jun · 16:12 IST
Allotment of Equity Shares under Scheme of Amalgamation
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
-0.9%1-day move
₹455.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-0.9-1.5+1.5+3.3+3.3+2.2+2.6+6.6——
Up moveDown movePending
AI summary
Ecoplast Ltd has allotted new equity shares to shareholders pursuant to a Scheme of Amalgamation, indicating completion of a merger process. The shares have been issued to those who were shareholders of the amalgamating entity, in accordance with the approved share swap ratio under the scheme sanctioned by the NCLT.
Likely market impact
Share base expands with new equity issuance; existing shareholders of the merged entity now hold shares in Ecoplast. Watch for dilution impact.