Announced Tue, 27 Oct, 2026 · 18:24 IST

NCLT sets 27 November 2026 final hearing for EFCIL demerger

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

EFCIL · 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

+1.2%Reaction day

₹168.98

prior close

₹166.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is usedpendingvs market: pending

Diversified Commercial Services peers, median of 75sector+0.0%+1.2% vs sector

On the reaction day the stock moved 1.2 pts more than its Diversified Commercial 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

-0.6

10m

-0.3

15m

-0.1

30m

-0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.2pendingpending+0.0+1.2

Next day

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15d

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UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 75Pending

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

AI summary

NCLT Mumbai has fixed 27 November 2026 for the final hearing of the demerger scheme between wholly owned EFC Limited and listed EFC (I) Limited, the resulting company. The petition was admitted after directions for notices to authorities and publication of hearing notices. The scheme still requires regulatory and other approvals.

Likely market impact

This advances the demerger process but does not approve it. Shareholders still face uncertainty over final NCLT approval and other required approvals.