EPL gets BSE/NSE nod to merge Indovida India into itself

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

EPL · 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

-0.5%Reaction day

₹232.50

prior close

₹230.60

announcement price

In-mkt

timing

Nifty Microcap 250market-1.7%+1.2% vs market

Packaging peers, median of 60sector-1.6%+1.1% vs sector

On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 1.1 pts more than its Packaging 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

+0.8

10m

+0.2

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.5-1.7+1.2-1.6+1.1

Next day

-3.5-4.2+0.7-4.0+0.5

-3.6-5.2+1.7-5.0+1.4

-5.2-7.4+2.2-7.0+1.8

-4.9-7.0+2.1-6.4+1.5

-4.4-5.5+1.0-5.9+1.4

-5.9-4.8-1.2-6.2+0.2

15d

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UpDownMarket · Nifty Microcap 250Sector · Packaging peers, median of 60Pending

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

AI summary

EPL Limited received no adverse observation letters from BSE and NSE on October 19, 2026 for its scheme to merge Indovida India Private Limited into itself. The board approved the amalgamation on March 29, 2026, and the company can now file the scheme with NCLT within 6 months. Merger is by absorption under Sections 230 to 232 of the Companies Act, 2013.

Likely market impact

Exchanges cleared the merger; NCLT and shareholder approvals remain for completion within 6 months.