Shareholders approve Scheme of Amalgamation with 99.99% majority

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

Price

Loading chart…

▲ 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

-4.9%Reaction day

₹8.30

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%-3.7% vs market

Diversified Commercial Services peers, median of 74sector-0.7%-4.3% vs sector

On the reaction day the stock moved 3.7 pts less than Nifty Microcap 250 and 4.3 pts less 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

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.9-1.3-3.7-0.7-4.3

Next day

-5.3-0.8-4.5+0.0-5.3

-4.8-1.4-3.4-0.0-4.8

+0.0-0.3+0.3-1.0+1.0

+0.0+1.0-1.0+0.1-0.1

-4.9+1.5-6.4+0.0-4.9

-9.5+3.1-12.7+1.4-10.9

15d

-27.7+4.1-31.8+0.5-28.2

-30.6+4.8-35.4+0.0-30.6

-23.5+3.1-26.6-2.9-20.6

+3.4-3.6+7.0-10.4+13.8

UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 74Pending

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

AI summary

Ekam Leasing shareholders approved the Scheme of Amalgamation of Rex Overseas Pvt Ltd and S & S Balajee Mercantile Pvt Ltd into Ekam Leasing at the NCLT-directed meeting on July 24, 2026. Out of 124 voters (38,81,514 shares), 99.99% voted in favour and only 2 shares voted against. Public category shareholders also approved with 99.99% majority. The scheme now moves to NCLT for further approval.

Likely market impact

Positive step towards scheme completion; amalgamation to expand business once NCLT sanctions it. Minor dissent only.