NCLT allows first motion in Ramco Windfarms amalgamation scheme

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

RAMCOCEM · price

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

-1.7%Reaction day

₹875.00

prior close

₹866.00

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.8%-0.9% vs market

Cement & Cement Products peers, median of 35sector-0.5%-1.2% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Smallcap 250 and 1.2 pts less than its Cement & Cement Products 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

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-1.7-0.8-0.9-0.5-1.2

Next day

-1.4-0.3-1.1-1.1-0.2

-1.9-0.2-1.7-1.7-0.3

+0.0+0.4-0.3-2.1+2.2

+0.3+0.4-0.1-2.3+2.6

-2.5-1.4-1.1-3.7+1.2

-2.3-1.2-1.1-4.3+1.9

15d

+1.4+5.0-3.6-1.3+2.7

+6.5+4.8+1.8-1.8+8.3

+7.6+6.9+0.7-2.9+10.5

+0.0+8.1-8.1-6.9+6.9

UpDownMarket · Nifty Smallcap 250Sector · Cement & Cement Products peers, median of 35Pending

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

AI summary

NCLT Chennai Bench has allowed the first motion application filed by Ramco Windfarms Limited in the ongoing scheme of amalgamation with Ramco Cements. Ramco Windfarms must now file the second motion application within 14 days of receiving the order dated 27 May 2026. This is a continuation of earlier updates shared with the exchange in November 2025 and March 2026. The scheme aims to merge Ramco Windfarms into Ramco Cements, and the next step is the second motion filing which will move the merger process forward.

Likely market impact

Scheme progresses to second motion stage. Further clarity on swap ratio and shareholder impact expected in upcoming filings.