BAJAJINDEFNSEIndef Manufacturing LimitedMinimalNeutral
Announced Thu, 16 Apr · 14:33 IST

Indef Manufacturing Limited has informed the Exchange about Copy of Newspaper Publication

BAJAJINDEF · price

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▲ 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
-0.1%1-day move
₹291.80
prior close
₹297.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.4-0.8-0.8-0.1-3.2+1.6+3.8+7.4+5.2+4.9-6.6-17.8-18.8
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AI summary

Indef Manufacturing Limited (the resulting company from the demerger of Hercules Hoists Limited) has published newspaper advertisements informing shareholders about the dispatch of a Postal Ballot Notice dated April 10, 2026. The notice pertains to a court-convened meeting for the scheme of arrangement between the company and its shareholders. The e-voting window opens on April 16, 2026 at 9:00 AM and closes on April 15, 2026 at 5:00 PM. Shareholders can cast their votes electronically via the e-voting platform or submit physical ballots. The company has set up multiple contact channels for shareholder queries.

Likely market impact

This is a mandatory procedural filing for a demerger-related scheme. Shareholders should participate in the voting process as it relates to the structural changes from the Hercules Hoists demerger. No immediate stock price impact but important for shareholders to exercise their voting rights.