Merger of wholly owned subsidiary Encore IT with Sonata effective

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

SONATSOFTW · 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

-2.6%Reaction day

₹306.10

prior close

₹302.60

announcement price

In-mkt

timing

Nifty Smallcap 250market-0.2%-2.4% vs market

Computers - Software & Consulting peers, median of 67sector-0.3%-2.3% vs sector

On the reaction day the stock moved 2.4 pts less than Nifty Smallcap 250 and 2.3 pts less than its Computers - Software & Consulting 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

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.6-0.2-2.4-0.3-2.3

Next day

-2.1+0.4-2.5-0.6-1.5

-5.5+0.3-5.8-1.1-4.4

-0.4+0.7-1.1+0.0-0.4

-4.4-0.0-4.4-0.6-3.8

-5.8-0.1-5.7-0.3-5.5

-7.2+0.4-7.6-0.7-6.6

15d

-9.3-2.8-6.6-4.9-4.5

-8.5-1.2-7.3-5.1-3.4

-22.8-9.8-12.9-8.3-14.5

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UpDownMarket · Nifty Smallcap 250Sector · Computers - Software & Consulting peers, median of 67Pending

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

AI summary

Sonata Software informed exchanges that the merger of its wholly owned subsidiary Encore I.T. Services Solutions with Sonata Software has become effective from 14 August 2026, with RoC approving Form INC-28 on 25 August 2026. The Appointed Date of the scheme is 1 April 2024. Since no new equity shares are being issued under the scheme, there is no change in the issued, subscribed and paid-up capital of Sonata Software.

Likely market impact

Streamlined group structure with subsidiary absorbed into the parent; no share dilution since no new equity was issued.