Update on merger scheme with Impex Metal & Ferro Alloys

Scheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

MAITHANALL · 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

+0.3%Reaction day

₹1015.90

prior close

₹1017.30

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.9%-0.6% vs market

Ferro & Silica Manganese peers, median of 6sector+1.0%-0.7% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 0.7 pts less than its Ferro & Silica Manganese 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

+0.3

10m

-0.1

15m

+0.2

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3+0.9-0.6+1.0-0.7

Next day

+0.1+0.5-0.5-0.7+0.8

-1.3+0.7-2.0-0.0-1.2

-1.1+0.0-1.2-2.0+0.8

-2.2-2.0-0.2-1.4-0.9

-1.4-0.1-1.2-3.4+2.1

+1.6+1.4+0.2-0.9+2.6

15d

-4.6-1.4-3.2+0.9-5.5

-5.0+1.3-6.3+2.7-7.7

+0.8+3.8-3.0+1.9-1.1

-11.0+2.9-13.9-2.7-8.3

UpDownMarket · Nifty Microcap 250Sector · Ferro & Silica Manganese peers, median of 6Pending

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

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.