Vedanta gets NCLT nod to acquire Incab Industries for Rs 545 crore

Listed Co AcquisitionNclt Scheme FiledStrategic Transactions View source PDF Explain this filing

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

-0.9%Reaction day

₹533.75

prior close

₹534.70

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.2%-1.1% vs market

Metals & Mining peers, median of 63sector · sector level-0.6%-0.3% vs sector

On the reaction day the stock moved 1.1 pts less than Nifty 100 and 0.3 pts less than its Metals & Mining 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

+0.8

15m

+0.8

30m

+1.2

Sessions after the filingfrom the prior close

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Reaction day

-0.9+0.2-1.1-0.6-0.3

Next day

-1.8+0.7-2.5-0.8-1.1

-4.3-0.3-3.9-2.4-1.9

-3.5-0.6-2.9-1.7-1.8

-1.8-0.9-0.8-1.4-0.4

-0.9-0.4-0.5-1.1+0.3

+2.7+0.2+2.5+1.3+1.3

15d

+12.6+0.3+12.3+4.1+8.5

+15.3+1.3+13.9+6.2+9.1

+29.0-0.5+29.4+1.3+27.7

+31.6-5.2+36.8-5.8+37.4

UpDownMarket · Nifty 100Sector · Metals & Mining peers, median of 63Pending

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

AI summary

Vedanta Limited received NCLT Kolkata approval on Dec 3, 2025 for its Resolution Plan to acquire 100% of Incab Industries Limited, a power cable and industrial wires manufacturer. Deal value is INR 545 Crore in upfront cash from internal accruals, completion targeted within 90 days. Incab runs two plants in Jamshedpur and Pune, currently non-operational, needing capex for revival. Acquisition brings downstream synergies in Vedanta's copper and aluminum business.

Likely market impact

Strengthens Vedanta's downstream copper-aluminum value chain via vertical integration. Plants non-operational, capex and turnaround needed before revenue benefits.