NCLT admits L&T scheme of arrangement with L&T Realty Properties

Regulatory & Legal View source PDF Explain this filing

LT · 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

-0.2%Reaction day

₹3999.00

prior close

₹3966.00

announcement price

After-mkt

timing

Nifty 100market-0.5%+0.2% vs market

Civil Construction peers, median of 103sector-0.5%+0.3% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty 100 and 0.3 pts more than its Civil Construction 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

+0.4

10m

+0.3

15m

+0.2

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.2-0.5+0.2-0.5+0.3

Next day

-0.2-0.6+0.4+0.2-0.4

-0.9-0.5-0.3+0.8-1.6

+0.0-1.0+1.0+0.3-0.3

-1.3-1.4+0.1+0.2-1.5

-1.9-2.1+0.2-0.5-1.4

-1.7-2.4+0.7-1.7-0.1

15d

-3.5-3.7+0.2-3.3-0.2

-6.2-6.0-0.2-5.7-0.5

—————

UpDownMarket · Nifty 100Sector · Civil Construction peers, median of 103Pending

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

AI summary

The NCLT Mumbai Bench has admitted the joint scheme petition between L&T (transferor) and L&T Realty Properties (transferee) under Sections 230-232 of the Companies Act, 2013. Order dated August 18, 2026, uploaded September 1, 2026. Next hearing is October 6, 2026. Equity shareholder meeting and creditor notices have been completed. Statutory authorities like SEBI, RBI, Income Tax now have 30 days to raise objections.

Likely market impact

Procedural step in L&T's real estate restructuring. No immediate impact on shareholders; final NCLT approval still pending.