NCLT meeting on Nov 13 for KSCL-KPL amalgamation scheme

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

KOTHARIPET · 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

-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

-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

-1.5-0.8-0.7+0.5-2.0

+2.1-0.1+2.2+2.2-0.1

-5.3-1.7-3.6-2.3-3.0

-9.8-4.3-5.5-5.4-4.4

-12.7-7.5-5.2-9.2-3.5

15d

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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

Kothari Petrochemicals (KPL) has called an NCLT-ordered equity shareholders meeting on November 13, 2026 at 2:30 PM via video conferencing to consider the amalgamation of Kothari Sugars and Chemicals (KSCL) into KPL. Both companies belong to the same group under common control. KSCL shareholders will receive KPL shares as per a share exchange ratio. E-voting cut-off is November 6, with remote voting from November 10 to 12. KPMG provided the valuation, Saffron Capital gave the fairness opinion.

Likely market impact

Shareholders vote Nov 13 on merger of KSCL into KPL. If approved, KSCL shareholders get KPL shares. Final sanction also needs NCLT approval.