Announced Sat, 18 Jul · 17:36 IST
Scan Projects EGM approves merger with Chanderpur Industries
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
-9.6%1-day move
₹118.40
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-9.6-13.6-11.3-10.9-9.6—————
Up moveDown movePending
AI summary
SCAN PROJECTS held a court-convened EGM on 18 July 2026 under NCLT Chandigarh Bench order dated 21 May 2026. Shareholders approved, with requisite majority, the scheme of arrangement (merger) of Chanderpur Industries Private Limited (transferor) into Scan Projects Limited (transferee) under Sections 230-232 of the Companies Act 2013, passed as a special resolution. An NCLT-appointed chairperson chaired the meeting; 50 members attended (43 physical, 7 online).
Likely market impact
Merger scheme approved by shareholders; now awaits final NCLT sanction. If cleared, Chanderpur Industries will merge into Scan Projects.