Announced Fri, 4 Sept · 22:49 IST
NCLT meeting notice for NSIL merger with Lodha Developers
NATIONSTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.3%1-day move
₹106.49
prior close
₹109.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-4.0-3.9-2.9-3.8+3.3+7.8+6.2+3.4+8.0+5.0————
Up moveDown movePending
AI summary
National Standard (India) Limited has issued notice for an NCLT-ordered equity shareholders meeting on October 9, 2026 to approve the merger of Roselabs Finance and NSIL into Lodha Developers. Swap ratio is 92 Lodha shares per 1000 NSIL shares and 7 Lodha shares per 1000 Roselabs shares. Lodha Developers already holds about 74% in both merging companies. Meeting via video conferencing.
Likely market impact
Public shareholders will receive Lodha Developers shares if the merger is approved. Remote e-voting ends October 8, 2026 before the meeting on October 9, 2026.