NCLT meeting on Aug 22 2026 for ADI BPO Services amalgamation with MPS

Nclt Scheme FiledListed Co AcquisitionStrategic Transactions View source PDF Explain this filing

MPSLTD · 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

+5.7%Reaction day

₹2564.50

prior close

₹2660.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.7%+6.4% vs market

Printing & Publication peers, median of 7sector+0.2%+5.5% vs sector

On the reaction day the stock moved 6.4 pts more than Nifty Microcap 250 and 5.5 pts more than its Printing & Publication 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

-3.0

10m

-1.1

15m

+1.0

30m

-3.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.7-0.7+6.4+0.2+5.5

Next day

+8.3-0.3+8.5-0.1+8.3

+4.7+1.1+3.6-0.9+5.6

+1.9-0.2+2.2-1.4+3.3

+4.3+0.2+4.1-2.3+6.6

+3.9-0.3+4.3-1.6+5.5

+7.2+2.1+5.1-2.0+9.2

15d

+7.7+4.6+3.1-5.2+12.9

+6.4+5.6+0.7-7.8+14.2

+4.7+7.2-2.5-6.1+10.9

-10.8-4.7-6.1-7.0-3.8

UpDownMarket · Nifty Microcap 250Sector · Printing & Publication peers, median of 7Pending

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

AI summary

MPS Limited has called an NCLT-convened meeting of equity shareholders on August 22, 2026 at 10 AM via video conferencing to approve the Scheme of Amalgamation of ADI BPO Services Limited (Transferor) with MPS Limited (Transferee). Both firms share the same Chennai office. NSE and BSE gave no-adverse-observation letters in March 2026. Remote e-voting runs August 19-21, 2026. Approval needs three-fourths majority by value plus majority of public shareholders.

Likely market impact

Shareholders will vote on merging ADI BPO Services into MPS. If the scheme clears the shareholder vote and gets NCLT sanction, the two businesses combine into one.