Outcome of Board Meeting held on 27th June, 2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 19.1 pts more than Nifty Microcap 250 and 19.8 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.
Minute windows have no benchmark: there is no intraday index history to compare against.
The Board of Rapicut Carbides Ltd approved a Scheme of Amalgamation to merge United Wolfram Private Limited (UWPL) into Rapicut Carbides, with Rapicut as the Transferee Company. The amalgamation is being done under Sections 230-232 of the Companies Act, 2013 and is subject to shareholder approval and clearance from the NCLT Ahmedabad Bench. UWPL appears to be a tungsten/wolfram-related business, suggesting a move to expand Rapicut's product portfolio. Separately, Mr. Venkatta Ramanan Ravindran Puliyady, currently Head of Accounts & Finance, has been appointed as the new CFO with effect from 27th June 2025.
The amalgamation could strengthen Rapicut's business and product range if approved, but is still subject to shareholder and NCLT approvals, so timeline and final terms remain uncertain. The CFO change is a routine governance update with no negative implications.