NCLT merger scheme approved by Lodha shareholders and creditors
LODHA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts more than Nifty Midcap 150 and 0.8 pts more than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Lodha Developers NCLT-convened meetings on Oct 9, 2026 approved the scheme to merge Roselabs Finance and National Standard (India) into Lodha. Equity shareholders voted 99.95% in favor (about 943 million votes polled). Secured creditors voted 100% in favor. All required shareholder and creditor approvals secured; scheme now awaits NCLT sanction.
Clears a major hurdle for the merger; awaits final NCLT sanction and other approvals before becoming effective.