NCLT-ordered shareholder meeting held for merger of 3 companies into Lloyds Engineering

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

LLOYDSENGG · 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

-2.7%Reaction day

₹96.75

prior close

₹96.50

announcement price

After-mkt

timing

Nifty Microcap 250market-1.7%-1.0% vs market

Industrial Products peers, median of 131sector-1.3%-1.4% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 1.4 pts less than its Industrial Products 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

+0.5

10m

-0.9

15m

-1.2

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.7-1.7-1.0-1.3-1.4

Next day

-5.6-4.2-1.4-4.1-1.6

-9.7-5.2-4.4-4.9-4.8

-12.7-7.4-5.2-7.2-5.5

-13.9-7.0-6.8-7.7-6.2

-13.5-5.5-8.0-5.4-8.1

-10.3-4.8-5.5-5.0-5.3

15d

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UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 131Pending

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

AI summary

Lloyds Engineering Works held an NCLT-directed shareholders meeting on Oct 16, 2026 via video conferencing to approve a Scheme of Merger by Absorption. Under the scheme, Lloyds Infrastructure and Construction, Metalfab Hightech and Techno Industries will merge into Lloyds Engineering Works. E-voting has concluded; results will be shared within 2 working days. Scheme still needs NCLT and SEBI approvals.

Likely market impact

Positive if approved: company expands via 3-entity merger. Await voting result within 2 days. Final approval still needs NCLT nod.