NCLT directs shareholder and creditor meetings for proposed merger

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GOCLCORP · 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

-0.4%Reaction day

₹358.50

prior close

₹362.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-0.7% vs market

Chemicals & Petrochemicals peers, median of 211sector · industry level+0.0%-0.4% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.4 pts less than its Chemicals & Petrochemicals 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

-0.4

10m

-1.0

15m

-0.8

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4+0.3-0.7+0.0-0.4

Next day

-3.1+1.1-4.2+0.5-3.6

-1.1+1.3-2.4+0.9-2.0

+2.4+2.0+0.3+1.4+0.9

+0.0+0.3-0.3+0.4-0.4

+1.8+1.1+0.7+0.7+1.0

-3.5-3.2-0.3-3.6+0.1

15d

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UpDownMarket · Nifty Microcap 250Sector · Chemicals & Petrochemicals peers, median of 211Pending

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

AI summary

NCLT Amaravati Bench has directed GOCL Corporation to convene meetings of its Equity Shareholders and Unsecured Creditors to consider the proposed Scheme of Merger by Absorption of Hinduja National Power Corporation Limited into GOCL Corporation, under Sections 230 to 232 of the Companies Act, 2013. The order was received on October 08, 2026. This follows an earlier intimation dated September 25, 2026.

Likely market impact

Procedural step forward in the proposed merger; final scheme still needs shareholder and creditor approval before it can take effect.