NCLT convened meeting of equity shareholders scheduled on 06 June 2026

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

MOL · 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

+11.9%Reaction day

₹51.98

prior close

₹53.60

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+11.9% vs market

Pesticides & Agrochemicals peers, median of 28sector-0.5%+12.3% vs sector

On the reaction day the stock moved 11.9 pts more than Nifty Microcap 250 and 12.3 pts more than its Pesticides & Agrochemicals 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

+5.1

10m

+6.5

15m

+5.9

30m

+8.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+11.9-0.1+11.9-0.5+12.3

Next day

+12.7+1.5+11.2+1.4+11.3

+15.1+3.1+11.9+1.3+13.7

+13.1+3.0+10.1+1.1+12.0

+9.1+1.6+7.6+0.7+8.4

+3.4-1.6+5.0-1.3+4.7

+1.3-0.6+2.0-2.0+3.3

15d

-0.3+2.2-2.4-0.0-0.2

-5.9+2.6-8.5-7.2+1.2

-9.0+8.9-17.9-4.2-4.8

+3.4+11.4-8.0-4.3+7.7

UpDownMarket · Nifty Microcap 250Sector · Pesticides & Agrochemicals peers, median of 28Pending

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

AI summary

Meghmani Organics Limited (Transferee Company) is seeking shareholder approval for a Scheme of Amalgamation involving two wholly-owned subsidiaries: Kilburn Chemicals Limited (Transferor Company 1) and Meghmani Crop Nutrition Limited (Transferor Company 2). The NCLT Ahmedabad Bench has ordered an equity shareholders' meeting on June 6, 2026 at 02:00 PM via video conferencing to consider and approve the scheme. Remote e-voting will be open from June 3-5, 2026. Notably, the shareholding pattern of the Transferee Company will remain unchanged after the amalgamation, with promoters holding 48.95% and public shareholders holding 51.05%. The shares of both transferor companies (100% promoter-held) will be cancelled upon scheme effectiveness. The scheme is subject to shareholder approval and subsequent NCLT sanction.

Likely market impact

For existing MOL shareholders, this amalgamation consolidates two promoter-held subsidiaries into the listed entity without diluting their stake. It simplifies the corporate structure and may bring operational synergies, though no immediate impact on stock valuation is expected given the unchanged shareholding pattern.