Announced Mon, 13 Jul · 18:34 IST
NCLT allows clarifications to Sammaan Capital-Finserve demerger scheme
SAMMAANCAP · 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
-0.8%1-day move
₹164.85
prior close
₹163.65
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.0-0.5-0.3-0.7-0.8-1.0-0.7-0.8-0.8-4.2————
Up moveDown movePending
AI summary
NCLT has allowed Sammaan Capital's clarification application related to its proposed scheme of arrangement with Sammaan Finserve. The July 10, 2026 order modifies procedural paragraphs of the June 12, 2026 first motion order, covering e-voting, meeting notices, quorum rules, and newspaper advertisements. The scheme proposes demerger of Sammaan Finserve into Sammaan Capital. A certified copy of the clarification order is awaited.
Likely market impact
Procedural progress; NCLT scheme moves forward but no share swap ratio or valuation details disclosed yet.