NCLT approves amalgamation of Silverleaf Capital with Share India Securities

Listed Co AcquisitionNclt Scheme FiledStrategic Transactions View source PDF Explain this filing

SHAREINDIA · 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

-1.7%Reaction day

₹177.00

prior close

₹174.28

announcement price

In-mkt

timing

Nifty Microcap 250market+0.3%-1.9% vs market

Stockbroking & Allied peers, median of 39sector+0.1%-1.8% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 1.8 pts less than its Stockbroking & Allied 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

+0.1

10m

+0.1

15m

-0.1

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.7+0.3-1.9+0.1-1.8

Next day

-2.0+0.5-2.5-0.2-1.8

-2.6+0.1-2.7+0.3-2.9

-3.4+0.7-4.1+0.5-3.9

-4.7+0.4-5.2+0.2-4.9

-5.1+0.7-5.8+0.0-5.1

-3.5+0.1-3.6-0.8-2.7

15d

+11.9+1.5+10.5-0.6+12.5

+28.3+0.3+28.0-0.3+28.6

+3.3-6.2+9.5-5.6+8.8

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UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 39Pending

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

AI summary

NCLT Ahmedabad approved the Scheme of Amalgamation of Silverleaf Capital Services Pvt Ltd (Transferor) with Share India Securities Ltd (Transferee). Order dated Aug 20, 2026, with appointed date Oct 1, 2023. Silverleaf is an unlisted tech firm in financial services; Share India is a listed broking entity on BSE and NSE. Order to be filed with RoC within 30 days, after which Silverleaf will stand merged into Share India.

Likely market impact

Share India shareholders get an integrated financial services platform with added tech capabilities. Silverleaf will cease as a separate entity. Positive consolidation move.