Announced Thu, 18 Jun · 13:51 IST
NCLT scheme meetings scheduled for shareholders and creditors
PRAVEG · 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
+0.3%1-day move
₹235.35
prior close
₹235.30
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.1-0.1-0.1+0.3+1.0+3.7+7.3+6.6+1.4+1.1+17.3——
Up moveDown movePending
AI summary
Praveg Ltd has informed the exchanges about meetings of Equity Shareholders, Secured Creditors, and Unsecured Creditors being held on a Saturday, as referenced from its earlier letter dated June 17, 2026. Convening separate meetings of these stakeholder groups is a standard step required by the NCLT for approval of a scheme of arrangement, such as a merger, demerger, or restructuring. Shareholders and creditors will vote on the proposed scheme at these meetings.
Likely market impact
Shareholders will vote on a proposed scheme of arrangement; outcome could reshape the company's structure or capital base.