NCLT orders shareholder and creditor meetings for PCPL amalgamation scheme

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

UGROCAP · price

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

+1.9%Reaction day

₹95.00

prior close

₹95.12

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+2.0% vs market

Non Banking Financial Company (NBFC) peers, median of 214sector+0.2%+1.8% vs sector

On the reaction day the stock moved 2.0 pts more than Nifty Microcap 250 and 1.8 pts more than its Non Banking Financial Company (NBFC) 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

-0.7

10m

-0.4

15m

-0.5

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.9-0.1+2.0+0.2+1.8

Next day

+1.0-0.2+1.2+0.0+1.0

-1.7+0.1-1.9-0.1-1.6

-2.8+0.3-3.1+0.1-2.9

-1.9+0.4-2.3+0.0-1.9

-2.6+0.5-3.1-0.5-2.1

-7.4+0.3-7.7-1.0-6.4

15d

-8.2+1.9-10.0-0.1-8.0

-12.3+2.2-14.5-1.4-10.9

-15.7-1.2-14.5-4.8-10.9

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 214Pending

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

AI summary

NCLT has ordered meetings of UGRO Capital's 38,752 equity shareholders, 67,665 secured creditors and 1,800 unsecured creditors to consider the proposed amalgamation of its wholly owned subsidiary Profectus Capital (PCPL) into UGRO Capital. Meetings to be held within 90 days via video conferencing. Since PCPL is a wholly owned subsidiary, no new shares will be issued and there will be no change in UGRO's shareholding pattern. Appointed date is April 1, 2026. RBI, NSE and BSE approvals already obtained.

Likely market impact

Internal merger of wholly owned subsidiary; no share dilution expected. Awaiting shareholder and creditor approval, subject to further regulatory clearances.