BSEShish Industries LimitedMediumNeutral
Announced Sat, 19 Sept · 17:05 IST

Board to consider merger with two wholly owned subsidiaries on Sept 23

Nclt Scheme FiledStrategic Transactions View source PDFExplain this filing

Price

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Price reaction · full curve 14 horizons · vs prior close
1-day move
₹12.86
prior close
₹12.97
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+1.8+3.9+3.9
Up moveDown movePending
AI summary

Shish Industries will hold a board meeting on September 23, 2026 to consider and approve a Scheme of Amalgamation between the company and its two wholly owned subsidiaries - Shish Polylam Private Limited and Shish Global Solutions Private Limited - under sections 230 to 232 of the Companies Act 2013. Trading window is closed from September 19 till 48 hours after the board outcome.

Likely market impact

Merger with wholly owned subsidiaries is usually a routine internal restructuring; neutral for shareholders but streamlines the group structure.