NCLT directs shareholder, creditor meetings on April 2 for NHIC demerger scheme

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

NH · 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

-0.2%Reaction day

₹1856.80

prior close

₹1853.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-1.0%+0.9% vs market

Hospital peers, median of 23sector+0.0%-0.2% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Smallcap 250 and 0.2 pts less than its Hospital 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

-0.1

10m

-0.2

15m

-0.6

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.2-1.0+0.9+0.0-0.2

Next day

-3.5-2.9-0.6-1.3-2.2

-7.1-5.0-2.1-4.2-2.9

-4.8-3.6-1.2-2.7-2.1

-4.8-3.9-0.9-2.1-2.7

-5.1-6.1+1.0-3.1-2.0

-6.4-4.5-1.9-1.7-4.7

15d

-12.5-11.3-1.2-9.3-3.2

-12.4-8.7-3.7-7.7-4.7

-3.1+4.2-7.3+3.3-6.4

+3.7+6.6-2.9+6.5-2.8

UpDownMarket · Nifty Smallcap 250Sector · Hospital peers, median of 23Pending

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

AI summary

Narayana Hrudayalaya informed exchanges that NCLT Bengaluru directed meetings on April 2, 2026 to approve the demerger of NH Integrated Care into Narayana Hrudayalaya. Equity shareholders meet at 10 AM, secured and unsecured creditors at 11:30 AM and 12:30 PM. NHIC creditors meet at 2 PM and 3 PM. Remote e-voting runs March 30 to April 1. Cut-off date is March 27. Scheme needs three-fourths majority by value.

Likely market impact

Key step in demerger process. Shareholders should review the scheme and vote by April 1, 2026.