API Holdings gains 51.02% in Thyrocare via Docon amalgamation

Listed-company acquisitionScheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

THYROCARE · price

Loading chart…

▲ 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

-0.3%Reaction day

₹578.00

prior close

₹576.25

announcement price

In-mkt

timing

Nifty Microcap 250market+0.7%-1.0% vs market

Healthcare Service Provider peers, median of 28sector-0.4%+0.1% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.1 pts more than its Healthcare Service Provider 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

+0.0

15m

+0.1

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.3+0.7-1.0-0.4+0.1

Next day

-0.4+1.1-1.5-0.5+0.2

-1.3+1.6-2.9-0.3-0.9

-1.5+1.5-3.0-0.6-0.9

-3.5+1.3-4.7-0.5-2.9

-4.4+1.4-5.8-0.7-3.7

-6.1-2.1-4.0-1.3-4.8

15d

-4.9-0.9-4.0-2.6-2.3

-7.1-1.4-5.7-5.4-1.7

—————

UpDownMarket · Nifty Microcap 250Sector · Healthcare Service Provider peers, median of 28Pending

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

AI summary

API Holdings merger with Docon Technologies was sanctioned by NCLT on Aug 31, 2026 and became effective Sept 3, 2026. Docon 8,12,00,000 shares (51.02%) in Thyrocare transferred to API Holdings. No change in aggregate promoter group holding of Thyrocare.

Likely market impact

Internal promoter restructuring - no change in ultimate promoter control. Existing shareholding pattern of Thyrocare continues unchanged.