NSE and BSE clear amalgamation of Birla Cable into Vindhya Telelinks

Scheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

VINDHYATEL · price

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▲ 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

+2.7%Reaction day

₹2410.00

prior close

₹2434.60

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+2.6% vs market

Civil Construction peers, median of 94sector-0.1%+2.8% vs sector

On the reaction day the stock moved 2.6 pts more than Nifty Microcap 250 and 2.8 pts more than its Civil Construction 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

-1.8

15m

-0.9

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.7+0.1+2.6-0.1+2.8

Next day

+3.3+0.5+2.8-1.0+4.3

+1.6-0.1+1.7-1.4+3.0

+1.7+0.4+1.2-0.5+2.2

+0.8+0.7+0.1-0.7+1.5

-0.4+0.9-1.4-1.5+1.1

-0.6+1.1-1.7-0.9+0.3

15d

+14.6+1.6+13.0-1.7+16.3

+9.0-0.7+9.7-6.4+15.3

+19.3-3.2+22.6-9.6+28.9

—————

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 94Pending

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

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.