Walery Security merges into i3 Security; amalgamation scheme effective

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

MERCANTILE · 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

+4.6%Reaction day

₹24.05

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+4.4% vs market

Diversified Commercial Services peers, median of 76sector+0.0%+4.6% vs sector

On the reaction day the stock moved 4.4 pts more than Nifty Microcap 250 and 4.6 pts more than its Diversified Commercial Services 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

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.6+0.3+4.4+0.0+4.6

Next day

+3.5-0.2+3.7+0.0+3.5

+4.4+0.4+4.0+0.0+4.4

+1.9+0.2+1.7-0.1+2.0

-0.0+0.5-0.5+0.0-0.0

—+0.8—-0.6—

+6.4-0.8+7.2+0.0+6.4

15d

-4.4-2.1-2.3-1.1-3.3

-8.5+0.2-8.7-2.9-5.6

-12.0-9.2-2.9-8.4-3.6

—————

UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 76Pending

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

AI summary

Amalgamation of subsidiary Walery Security Management Ltd with i3 Security Pvt Ltd (wholly owned subsidiary) has become effective from 22 Aug 2026, after NCLT Division Bench-II Chennai sanctioned the scheme on 23 Jul 2026. Form INC-28 was filed with RoC Chennai on the effective date. Walery Security will dissolve without winding up. Appointed date is 01 Jan 2024. No change in Mercantile Ventures shareholding pattern.

Likely market impact

Internal restructuring between two subsidiaries with no change in listed company shareholding. Neutral impact on shareholders of Mercantile Ventures.