Announced Wed, 24 Jun · 18:10 IST
Board to consider merger absorption scheme on June 30
Strategic Transactions View source PDF
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
-5.2%1-day move
₹65.00
prior close
₹64.05
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.6-2.6-2.6-2.3-5.2+3.9+3.8+3.5+0.8+21.4+13.2+10.8——
Up moveDown movePending
AI summary
Board meeting scheduled on June 30, 2026 to consider and approve a Scheme of Merger by Absorption of Expo Project Engineering Services Private Limited (Transferor) into Expo Engineering and Projects Limited (Transferee) under Sections 230-232 of the Companies Act, 2013. Trading window for insiders closed from June 24 till 48 hours after results are announced.
Likely market impact
If approved, this would absorb the private subsidiary into the listed company, potentially simplifying the group structure.