Promoter stake rises to 45.99% post RSDPL merger share allotment

Acquisition announcedScheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

Price

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▲ 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

-1.5%Reaction day

₹12.49

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-2.4% vs market

Granites & Marbles peers, median of 8sector+1.2%-2.8% vs sector

On the reaction day the stock moved 2.4 pts less than Nifty Microcap 250 and 2.8 pts less than its Granites & Marbles 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5+0.8-2.4+1.2-2.8

Next day

-2.3+1.0-3.4+0.2-2.5

-0.7+1.7-2.5+1.6-2.3

+3.3+0.1+3.2+0.6+2.7

+8.1+0.8+7.3+2.3+5.8

+3.2-0.9+4.1+2.6+0.6

-3.2-4.5+1.3+0.7-3.9

15d

+6.1-4.8+10.9-1.7+7.8

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UpDownMarket · Nifty Microcap 250Sector · Granites & Marbles peers, median of 8Pending

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

AI summary

Royal Cushion Vinyl Products allotted 41,17,160 equity shares to Royal Spinwell and Developers (RSDPL) shareholders on Oct 5, 2026, under a court-approved merger scheme effective Aug 30, 2026. Swap ratio: 7,807 shares of Royal Cushion for every 19 of RSDPL. Promoter and PAC shareholding rose from 39.92% to 45.99%. No open offer required as SEBI exempts acquisitions under NCLT-approved schemes.

Likely market impact

Promoter group stake up to 45.99% via NCLT-sanctioned merger; no open offer triggered due to regulatory exemption.