NCLT orders shareholder meeting for POCL-Planetfirst Green merger on Nov 27

Listed Co AcquisitionNclt Scheme FiledStrategic Transactions View source PDF Explain this filing

POEL · price

Loading chart…

▲ 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

-0.1%Reaction day

₹130.00

prior close

₹130.08

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.6%+1.6% vs market

Commodity Chemicals peers, median of 58sector-0.6%+0.5% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 0.5 pts more than its Commodity Chemicals 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

—

10m

—

15m

—

30m

+0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.1-1.6+1.6-0.6+0.5

Next day

-0.4-1.0+0.5-1.1+0.7

-3.5-2.6-0.9-2.6-1.0

-6.2-5.1-1.0-4.7-1.5

-3.9-6.1+2.2-5.8+1.9

-10.1-8.3-1.8-9.3-0.8

-13.5-6.4-7.2-7.0-6.5

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Commodity Chemicals peers, median of 58Pending

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

AI summary

NCLT Chennai ordered POCL Enterprises to hold meetings of equity shareholders (Nov 27, 10:30 AM) and unsecured creditors (Nov 27, 12:30 PM) to approve the amalgamation of Planetfirst Green Pvt Ltd into POCL. Planetfirst Green is a lead recycling unit in Surat; POCL makes lead metals and metallic oxides. The merger aims to create vertical integration and expand into Western India. Appointed date is April 1, 2026. BSE issued no-objection letter on July 7, 2026.

Likely market impact

Shareholders vote on Nov 27 on merger combining POCL's lead manufacturing with Planetfirst Green's recycling operations.