NCLT meeting notice for amalgamation of Alcon Builders and Jogbani Highway into GPT Infraprojects

Scheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

GPTINFRA · 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

+1.9%Reaction day

₹120.00

prior close

₹120.11

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+1.7% vs market

Civil Construction peers, median of 97sector+0.1%+1.8% vs sector

On the reaction day the stock moved 1.7 pts more than Nifty Microcap 250 and 1.8 pts more than its Civil Construction 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

-1.0

10m

-0.4

15m

-0.7

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.9+0.2+1.7+0.1+1.8

Next day

+4.2+0.9+3.3+0.6+3.5

+4.2-0.8+4.9-0.0+4.2

+5.0-0.1+5.1-0.0+5.0

+0.2-1.7+1.9-1.2+1.3

-2.3-4.3+2.0-4.2+2.0

-5.0-7.5+2.5-7.5+2.5

15d

-13.5-3.6-9.9-3.8-9.7

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 97Pending

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

AI summary

GPT Infraprojects has called NCLT-convened meetings of equity shareholders, secured and unsecured creditors on November 13, 2026 to approve a Scheme of Amalgamation. Two subsidiaries, Alcon Builders and Engineers Pvt Ltd and Jogbani Highway Pvt Ltd, will merge into GPT Infraprojects with appointed date April 1, 2026. Equity shareholders meet at 3 PM via video conferencing. Remote e-voting runs from November 10 to November 12, 2026. Cut-off date is November 6, 2026.

Likely market impact

Internal group restructuring as two wholly-owned subsidiaries merge into GPT. Shareholders should vote by November 12, 2026.