NCLT meeting approves merger with Lodha Developers

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

NATIONSTD · 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

+1.4%Reaction day

₹106.49

prior close

₹106.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%+0.5% vs market

Residential Commercial Projects peers, median of 66sector-0.0%+1.4% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 1.4 pts more than its Residential Commercial Projects 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

-0.4

10m

-0.4

15m

-1.8

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.4+0.8+0.5-0.0+1.4

Next day

-1.2+1.0-2.2+0.9-2.1

-0.9+1.7-2.7+0.9-1.8

-0.5+0.1-0.5+0.5-0.9

-1.2+0.8-2.0+0.7-1.9

-2.2-0.9-1.3-1.4-0.9

-1.5-4.5+3.0-3.9+2.4

15d

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UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 66Pending

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

AI summary

Shareholders of National Standard (India) approved the merger scheme with Lodha Developers at the NCLT convened meeting on Oct 9, 2026. Of 1.92 crore votes polled (96.18 percent of outstanding), 99.67 percent voted in favor. Public shareholders also approved with 98.56 percent in favor. Next step is NCLT sanction and other regulatory approvals.

Likely market impact

Positive step toward merger with Lodha Developers; NSIL shares to be absorbed. Awaiting final NCLT and regulatory approvals.