Scan Projects files 2nd NCLT motion petition for Chanderpur Industries merger

Scheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+4.6%Reaction day

₹107.05

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+5.8% vs market

Cement & Cement Products peers, median of 36sector-0.8%+5.4% vs sector

On the reaction day the stock moved 5.8 pts more than Nifty Microcap 250 and 5.4 pts more than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+4.6-1.3+5.8-0.8+5.4

Next day

-6.8-0.8-6.0-0.6-6.2

-2.8-1.4-1.4-1.0-1.8

-2.8-0.3-2.5-1.5-1.3

-2.7+1.0-3.7-0.3-2.4

-6.1+1.5-7.5-0.2-5.9

-1.4+3.1-4.5-0.0-1.4

15d

+25.6+4.1+21.6-3.8+29.5

+12.1+4.8+7.3-3.0+15.1

-4.5+3.1-7.7-8.2+3.6

-2.6-3.6+1.0-14.6+12.0

UpDownMarket · Nifty Microcap 250Sector · Cement & Cement Products peers, median of 36Pending

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

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.