Announced Fri, 14 Aug · 20:54 IST
NSE and BSE clear amalgamation of Birla Cable into Vindhya Telelinks
VINDHYATEL · 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
+3.3%1-day move
₹2410.00
prior close
₹2434.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-1.8-0.9+0.6+3.3+1.6+1.7+0.8-0.4-0.6+14.6+9.0——
Up moveDown movePending
AI summary
Vindhya Telelinks has received no-objection letters from NSE and no-adverse-observations from BSE for the proposed amalgamation of Birla Cable Limited into Vindhya Telelinks under Sections 230-232 of the Companies Act, 2013. The Board had approved the scheme on March 21, 2026. NCLT approval, creditor and shareholder consents, and other statutory clearances are still pending. The company now has 6 months to file the scheme with NCLT.
Likely market impact
Removes a key regulatory hurdle for the merger. NCLT and shareholder approvals still needed. Share exchange ratio yet to be disclosed.