NCLT allows first motion for merger of Pakka Impact with Pakka Limited

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-0.2%Reaction day

₹104.20

prior close

₹104.38

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-0.5% vs market

Paper & Paper Products peers, median of 36sector+0.5%-0.7% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.7 pts less than its Paper & Paper Products 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

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-0.2+0.3-0.5+0.5-0.7

Next day

+0.7+0.8-0.0+0.8-0.0

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15d

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-21.6-8.9-12.7-12.3-9.3

UpDownMarket · Nifty Microcap 250Sector · Paper & Paper Products peers, median of 36Pending

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

AI summary

NCLT Allahabad allowed the first motion petition to merge wholly owned subsidiary Pakka Impact Limited with Pakka Limited. Since Pakka Impact is fully owned by Pakka Limited, no new shares will be issued and no share swap ratio applies. Appointed date is 01 April 2025. Pakka Impact has negative net worth of about minus Rs 310.20 lakhs, while Pakka Limited has a strong net worth of about Rs 489.43 crore. Next step is filing a second motion petition for final NCLT approval along with notices to regulators and creditors.

Likely market impact

No share dilution for Pakka Limited shareholders. Group restructuring step to consolidate a loss-making subsidiary; final NCLT approval still pending.