Newspaper notice published for NCLT-ordered shareholder and creditor meetings

Compliance 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

—————

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 published newspaper ads for joint meetings of equity shareholders and unsecured creditors, as ordered by the NCLT Chennai Bench on Sept 30, 2026. The meetings will consider a scheme of amalgamation with Kothari Sugars and Chemicals. Meetings via video conferencing on Nov 13, 2026. E-voting from Nov 10 to Nov 12, 2026. Cut-off dates: Nov 6 for shareholders, Jul 31 for creditors.

Likely market impact

Shareholders and unsecured creditors vote on proposed merger with Kothari Sugars. Meetings Nov 13, e-voting Nov 10-12. Merger needs majority approval.