Scheme of Amalgamation becomes effective from 23 Sept 2026

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

PITTIENG · 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

-0.4%Reaction day

₹1168.00

prior close

₹1168.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.5%+1.1% vs market

Industrial Products peers, median of 135sector-0.9%+0.5% vs sector

On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250 and 0.5 pts more than its Industrial 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

Stock

-1.4

10m

-1.3

15m

-1.2

30m

-0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4-1.5+1.1-0.9+0.5

Next day

-0.7-1.2+0.5-0.5-0.2

-2.5-2.8+0.3-1.6-0.9

-3.6-1.8-1.8-2.4-1.2

-2.2-2.0-0.1-1.9-0.3

-3.7-3.3-0.4-3.1-0.5

-3.8-2.0-1.8-1.8-2.0

15d

-12.9-3.9-9.0-5.0-7.9

-27.1-10.7-16.4-9.7-17.5

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UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 135Pending

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

AI summary

The Scheme of Amalgamation merging Pitti Industries Pvt Ltd and Dakshin Foundry Pvt Ltd into Pitti Engineering Limited (PEL) has become effective from 23 September 2026. NCLT Hyderabad had sanctioned the scheme earlier. Appointed date is 1 April 2026. Form INC-28 has been filed with RoC Hyderabad. Authorised share capital of PEL has been raised to about INR 196.89 crore, divided into about 39.37 crore equity shares of INR 5 each.

Likely market impact

PEL absorbs two group companies. Share count may rise under the swap ratio. Watch for record date and share allotment update.