NCLT-ordered shareholder and creditor meetings on Jan 19 for MMRHL merger

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

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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

+4.5%Reaction day

₹1838.00

prior close

₹1846.10

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+1.3%+3.1% vs market

Hospital peers, median of 21sector+0.5%+3.9% vs sector

On the reaction day the stock moved 3.1 pts more than Nifty Smallcap 250 and 3.9 pts more 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

-0.3

10m

+0.1

15m

+0.5

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.5+1.3+3.1+0.5+3.9

Next day

+3.1+2.3+0.8+1.5+1.6

+2.0+2.7-0.7+1.1+0.9

+2.1+2.8-0.7+1.2+0.9

+1.4+2.6-1.2+1.8-0.5

+1.0+2.1-1.0+0.7+0.3

+2.8+3.0-0.2+1.3+1.6

15d

+1.5-0.6+2.0-3.2+4.7

+1.3-1.0+2.3-3.8+5.1

+0.4-1.3+1.6-7.5+7.9

-10.3-8.9-1.5-15.1+4.7

UpDownMarket · Nifty Smallcap 250Sector · Hospital peers, median of 21Pending

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

AI summary

Following NCLT Bengaluru order dated Dec 2, 2025, Narayana Hrudayalaya has called shareholder and creditor meetings on Jan 19, 2026 via video call to approve merger of subsidiary Meridian Medical Research and Hospital Ltd into the company. Separate sessions for equity shareholders, secured creditors, unsecured loan creditors, and trade creditors. Remote e-voting runs Jan 16 to 18. Cut-off date is Jan 12. Scheme already received SEBI observation letters.

Likely market impact

Procedural step in merging subsidiary MMRHL into the parent. Voting on Jan 19, 2026; final NCLT approval still required before scheme becomes effective.