Announced Thu, 17 Sept, 2026 · 18:04 IST
NCLT approves Standard Capital's resolution plan for Paymark
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
+6.3%1-day move
₹0.32
prior close
₹0.32
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-3.1+0.0+3.1+6.3+6.3+3.1+3.1+6.3+3.1————
Up moveDown movePending
AI summary
Standard Capital Markets got NCLT Kolkata approval on 8 Sept 2026 for its Resolution Plan to acquire Paymark Payment Technologies & Services under India's insolvency law. SCML was the Successful Resolution Applicant. Plan effective from 8 Sept and will now be implemented as per the NCLT order.
Likely market impact
Positive for SCML shareholders — NCLT approval to acquire Paymark marks a key milestone, likely to lift stock sentiment and support future growth.