Announced Fri, 4 Sept · 22:50 IST
NCLT meeting on Oct 9 for merger with Lodha Developers
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
+6.4%1-day move
₹21.85
prior close
₹21.85
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+6.4+1.1+6.1+0.8-3.9-4.8————
Up moveDown movePending
AI summary
NCLT has directed a meeting of Roselabs Finance equity shareholders on October 9, 2026 via video conferencing to vote on the proposed merger with Lodha Developers. National Standard (India) is also merging into Lodha Developers under the same scheme. Exchange ratio: 7 Lodha shares per 1,000 RFL shares and 92 per 1,000 NSIL shares. Lodha Developers already owns about 74% of both. E-voting eligibility cut-off is October 2, 2026.
Likely market impact
Public shareholders should vote by October 8. If approved, RFL will be absorbed into Lodha Developers and shares swapped at the stated ratio.