Indo-National Limited has informed the Exchange about Amalgamation/Merger - Notice CAA-3

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

NIPPOBATRY · price

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Price reactionminutes from the announcement price · days from the prior close

+0.7%Reaction day

₹527.00

prior close

₹525.79

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.2%-0.5% vs market

Household Products peers, median of 9sector-0.1%+0.8% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.8 pts more than its Household Products 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

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+0.7+1.2-0.5-0.1+0.8

Next day

-1.1+0.1-1.2-2.0+0.8

-1.3+0.9-2.2-1.6+0.2

-1.7+0.8-2.5-3.2+1.5

-0.5+1.4-2.0-2.4+1.9

-1.5+2.0-3.6-2.0+0.4

-3.2+2.3-5.5-3.3+0.1

15d

-4.7+5.2-9.9-2.6-2.1

-13.1+1.6-14.7-6.8-6.3

-11.7+7.7-19.4-4.2-7.5

-11.7+4.0-15.6-7.8-3.9

UpDownMarket · Nifty Microcap 250Sector · Household Products peers, median of 9Pending

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

AI summary

Indo-National Limited (NSE: NIPPOBATRY) has issued a Notice CAA-3 under Section 230(5) of the Companies Act, 2013, informing exchanges about a tribunal-convened meeting of its equity shareholders. The meeting, scheduled for June 21, 2025 via video conferencing, will consider the proposed Scheme of Amalgamation of Helios Strategic Systems Limited (Transferor Company) into Indo-National Limited (Transferee Company). The NCLT Chennai Bench passed the order on April 29, 2025 (Case No. CA(CAA)/4(CHE)/2025) directing this meeting. Shareholders and regulators have a 30-day window to raise representations on the scheme. No swap ratio or financial details of the deal have been disclosed in this filing.

Likely market impact

This is a procedural milestone in the NCLT merger approval process — shareholders of Indo-National will soon vote on the amalgamation. The actual financial impact (swap ratio, accretion/dilution) will depend on the scheme documents and the vote outcome, so no immediate price catalyst is expected from this notice alone.