Board to consider Dalmia Bharat Refractories Tyre Business demerger scheme

Strategic Transactions View source PDF Explain this filing

HSCL · 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

₹677.00

prior close

₹678.00

announcement price

After-mkt

timing

Nifty Smallcap 250market-0.0%-0.3% vs market

Chemicals & Petrochemicals peers, median of 206sector · industry level+0.3%-0.7% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Smallcap 250 and 0.7 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

+0.7

10m

+0.7

15m

+1.4

30m

+1.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4-0.0-0.3+0.3-0.7

Next day

-1.1-0.1-0.9-0.0-1.0

-1.3+0.7-2.0+0.8-2.2

+0.0-0.7+0.7+0.1-0.1

+0.4-0.7+1.1+0.5-0.1

-0.7-2.3+1.6-1.1+0.4

-0.2-2.7+2.5-1.3+1.1

15d

-2.5-2.5-0.0-1.7-0.8

-20.2-6.8-13.4-5.5-14.7

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UpDownMarket · Nifty Smallcap 250Sector · Chemicals & Petrochemicals peers, median of 206Pending

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

AI summary

Himadri Speciality Chemical Ltd board will meet on 21 September 2026 to consider and approve a Scheme of Arrangement with Dalmia Bharat Refractories Ltd for demerger of DBRL's Tyre Business, under Sections 230-232 of the Companies Act, 2013. Trading window for HSCL securities is closed from now until 48 hours after outcome disclosure.

Likely market impact

HSCL may absorb DBRL's Tyre Business via demerger. Key details including the share swap ratio will be announced after the 21 September board meeting.