Unsecured creditors approve Lloyds Engineering Works merger scheme

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

LLOYDSENGG · price

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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

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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

On October 16, 2026, unsecured creditors of Lloyds Engineering Works unanimously approved (100 percent by number and value, no dissent) the merger scheme that absorbs three companies - Lloyds Infrastructure and Construction, Metalfab Hightech, and Techno Industries - into the company. Shareholders also voted 100 percent in favor. The NCLT-convened scheme, filed under sections 230-232 of the Companies Act, now awaits NCLT sanction.

Likely market impact

Strong creditor and shareholder support clears a major hurdle; scheme still needs NCLT sanction and other regulatory approvals before completion.