Announced Fri, 11 Sept · 16:55 IST
Kiran Syntex files draft merger scheme with BSE
Price
▲ 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
—1-day move
₹14.50
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—————-0.3—+4.6——————
Up moveDown movePending
AI summary
Kiran Syntex has submitted its draft Scheme of Merger with Gujarat Kiran Polytex Limited (transferor company) to BSE under Regulation 37 of SEBI LODR and Section 230-232 of the Companies Act. The board had approved the merger on June 30, 2026. Next steps are regulatory and NCLT approvals, followed by shareholder and creditor consent.
Likely market impact
Merger with Gujarat Kiran Polytex; no share swap ratio disclosed yet. Awaiting NCLT and shareholder approvals before it takes effect.