Found a bug or want a feature? Verified reports earn free credits.
Log inSign up
Back to alerts
KOTHARIPETNSEKOTHARI PETROCHEM LTD· TradingMediumNeutral
Announced Mon, 12 Oct, 2026 · 18:21 IST

NCLT-convened meeting on Nov 13 for Kothari Sugars-Petrochem amalgamation

Nclt Scheme FiledStrategic Transactions View source PDFExplain this filing

KOTHARIPET · price

Loading chart…

▲ 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
-0.5%Reaction day
₹120.29
prior close
₹121.40
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-0.7% vs market
Petrochemicals peers, median of 12sector+0.4%-0.9% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.9 pts less than its 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
5m
-0.8
10m
-1.5
15m
-1.7
30m
-1.3
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-0.5+0.2-0.7+0.4-0.9
Next day
-0.1+0.9-1.0+3.7-3.8
2d
-1.5-0.8-0.7+0.5-2.0
3d
+2.1-0.1+2.2+2.2-0.1
4d
-5.3-1.7-3.6-2.3-3.0
5d
-9.8-4.3-5.5-5.4-4.4
1w
-12.7-7.5-5.2-9.2-3.5
15d
—————
1m
—————
2m
—————
3m
—————
UpDownMarket · Nifty Microcap 250Sector · Petrochemicals peers, median of 12Pending

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

AI summary

NCLT Chennai has directed meetings on Nov 13 for equity shareholders and unsecured creditors to vote on the proposed Scheme of Amalgamation of Kothari Sugars and Chemicals (transferor) into Kothari Petrochemicals (transferee), under Sections 230 to 232 of the Companies Act. Equity shareholders meet at 2:30 PM, unsecured creditors at 4:30 PM, both via video conferencing. Remote e-voting runs from Nov 10 to Nov 12. Equity cut-off date is Nov 6, 2026.

Likely market impact

If approved, Kothari Sugars merges into Kothari Petrochemicals. Shareholders should review the scheme and vote by Nov 12. A group restructuring within HCK Group.