Unsecured creditors approve Meghmani amalgamation with 99.76% vote

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

MOL · price

Loading chart…

▲ 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

-2.4%Reaction day

₹48.02

prior close

₹48.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.4%-0.9% vs market

Pesticides & Agrochemicals peers, median of 28sector-1.3%-1.1% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 1.1 pts less 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

+0.5

10m

-0.1

15m

-0.1

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.4-1.4-0.9-1.3-1.1

Next day

-4.2-2.5-1.7-1.4-2.8

+0.4+0.4-0.0+0.5-0.1

+3.3+2.2+1.2+0.9+2.5

+8.0+2.7+5.2+0.8+7.2

+5.8+3.9+1.9+0.4+5.4

+5.2+5.2-0.0+1.1+4.1

15d

-0.9+6.5-7.4-0.5-0.4

-1.9+6.9-8.7-1.4-0.5

+22.3+9.1+13.1-1.5+23.7

+30.2+11.6+18.6-6.9+37.0

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 unsecured creditors meeting on June 6, 2026 approved the Scheme of Amalgamation of Kilburn Chemicals and Meghmani Crop Nutrition into Meghmani Organics. 388 of 393 creditors voted in favor (99.74%), representing 99.76% by value at INR 324.08 crore of INR 325.93 crore total. Only 1 creditor opposed.

Likely market impact

Strong approval clears next step in the amalgamation process. Minority opposition at 0.24% of value is minimal.