Announced Sat, 20 Jun · 12:27 IST
NCLT second motion filed for Ramco Windfarms merger with Ramco Cements
RAMCOCEM · 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
-0.7%1-day move
₹885.00
prior close
₹892.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+0.7+0.8+0.5-0.7+3.5+3.6+5.2+5.0+6.7+4.3+3.6——
Up moveDown movePending
AI summary
Ramco Windfarms Limited, a group company, is being amalgamated with The Ramco Cements Limited. The NCLT Chennai Bench had allowed the first motion application on 27th May 2026. The second motion petition has now been filed and numbered on 17th June 2026. This is a continuation of the company's letter dated 1st June 2026. Share swap ratio and final NCLT approval are still awaited.
Likely market impact
Internal group restructuring to streamline operations. Await share swap ratio details and final NCLT approval timeline.