Update on merger scheme with Impex Metal & Ferro Alloys

Nclt Scheme FiledStrategic Transactions View source PDF

MAITHANALL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+0.1%1-day move

₹1015.90

prior close

₹1017.30

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.3—+0.2-0.1+0.1-1.3-1.1-2.2-1.4+1.6-4.6———

Up moveDown movePending

AI summary

Maithan Alloys has shared an update with the exchange on its ongoing scheme of amalgamation/merger with Impex Metal & Ferro Alloys Limited. Impex Metal & Ferro Alloys is proposed to be merged into Maithan Alloys. The filing does not disclose further details such as swap ratio, valuation, or approval stage.

Likely market impact

Progressive update on the merger; share price may react once swap ratio and NCLT approval timeline are disclosed.