NCLT meetings held for composite scheme of amalgamation and arrangement

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

REFEX · 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

-0.6%Reaction day

₹300.00

prior close

₹303.00

announcement price

After-mkt

timing

Nifty Microcap 250market+0.4%-1.0% vs market

Waste Management peers, median of 6sector-0.3%-0.3% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.3 pts less than its Waste Management 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

-0.8

10m

-0.7

15m

-0.6

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6+0.4-1.0-0.3-0.3

Next day

-2.7+0.4-3.0-0.7-1.9

-0.7+0.3-1.0-1.7+1.1

-2.0+0.2-2.1-2.2+0.3

-2.1+0.5-2.6-5.1+3.0

-2.4+0.7-3.1-6.2+3.8

+0.7+0.9-0.2-5.3+6.0

15d

-3.3+1.6-4.9-6.6+3.3

-7.4+2.4-9.8-5.3-2.1

-11.6+1.1-12.7-8.1-3.5

—————

UpDownMarket · Nifty Microcap 250Sector · Waste Management peers, median of 6Pending

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

AI summary

Refex Industries held NCLT-convened meetings on August 5, 2026 for equity shareholders, secured and unsecured creditors to consider and approve a Composite Scheme of Amalgamation and Arrangement amongst Refex Green Mobility Limited (Transferor), Refex Industries Limited (Transferee and Demerged) and Refex Mobility Limited (Resulting). Refex Mobility shares will be listed on BSE and NSE upon scheme approval. Voting results are pending and will be submitted separately.

Likely market impact

Voting outcome will decide composite scheme approval. If approved, Refex Mobility shares will list on BSE and NSE. Await results.