Announced Mon, 27 Jul · 17:00 IST
Scan Projects files 2nd NCLT motion petition for Chanderpur Industries merger
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
-6.8%1-day move
₹107.05
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-6.8-2.8-2.8-2.7-6.1-1.4+25.6+12.1——
Up moveDown movePending
AI summary
Scan Projects has filed the 2nd Motion Petition for its merger with Chanderpur Industries Pvt Ltd (transferor) before the NCLT Chandigarh Bench on 25.07.2026 (case no. 0404116/01897/2026). Shareholders had already approved the Scheme of Amalgamation in an EGM on 18.07.2026. This filing moves the merger process to the next NCLT hearing stage, pending tribunal sanction.
Likely market impact
Merger progresses but still needs NCLT approval; no immediate change to shareholding or price expected.