International Conveyors Limited has informed the Exchange about Acquisition

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

INTLCONV · 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

-6.4%Reaction day

₹70.48

prior close

₹66.48

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-4.3%-2.1% vs market

Industrial Products peers, median of 104sector-4.5%-2.0% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 2.0 pts less than its Industrial 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

-2.2

10m

-0.8

15m

-0.6

30m

-1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-6.4-4.3-2.1-4.5-2.0

Next day

-4.2-2.0-2.2-2.1-2.1

-1.2-3.3+2.1-3.1+1.9

+0.6+0.0+0.6-0.8+1.4

+2.3+3.3-1.0+1.1+1.2

+3.6+4.1-0.5+2.4+1.2

+8.8+6.5+2.4+4.8+4.1

15d

+1.7+2.4-0.8-0.1+1.7

-0.7+2.5-3.2-1.4+0.7

+20.2+17.4+2.8+10.7+9.6

+32.0+18.3+13.6+8.8+23.1

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 104Pending

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

AI summary

International Conveyors Limited has informed the NSE about an acquisition. The specific details of the target entity, deal value, and structure are not provided in the headline. International Conveyors is engaged in the manufacturing of conveyor belts and related products. Shareholders should await further disclosures from the company regarding the size, nature, and strategic rationale of this acquisition.

Likely market impact

Acquisitions can be value-accretive if the target synergises well, but the lack of disclosed details makes it premature to assess the impact. Investors should watch for follow-up filings with deal terms, valuation, and funding structure before drawing conclusions.