GBGLOBALNSEGB Global LimitedHighNeutral
Announced Wed, 22 Jul · 18:29 IST

NCLT reserves order on GB Global merger with Dev Land and Housing

Regulatory & Legal View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

NCLT Mumbai heard the merger scheme of GB Global Limited (transferor) into Dev Land and Housing Private Limited (transferee) on 15 July 2026. After hearing counsels from the company, NSE, BSE and SEBI, the matter was reserved for orders. The order copy was received by the company on 22 July 2026. Final NCLT ruling is still pending.

Likely market impact

Merger outcome pending NCLT order; stock may react once ruling is pronounced.