NCLT reserves order on Warren Tea merger with Maple Hotels

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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

-2.6%Reaction day

₹45.70

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-3.3%+0.6% vs market

Tea & Coffee peers, median of 21sector-1.6%-1.0% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 1.0 pts less than its Tea & Coffee 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.6-3.3+0.6-1.6-1.0

Next day

-1.9-3.4+1.5-1.0-1.0

-0.3-2.6+2.3-0.9+0.6

+1.8-1.0+2.8-1.0+2.7

-0.4-1.2+0.7-0.8+0.4

-1.2-0.7-0.5-0.8-0.4

-2.6-1.0-1.7-2.6-0.1

15d

-0.9-1.7+0.8-4.4+3.5

-5.0-4.1-0.9-3.8-1.2

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UpDownMarket · Nifty Microcap 250Sector · Tea & Coffee peers, median of 21Pending

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

AI summary

NCLT Kolkata has reserved its final order on the proposed Scheme of Amalgamation between Warren Tea Limited and Maple Hotels & Resorts Limited under Sections 230-232 of the Companies Act, 2013. The order was reserved on 11 September 2026 and will be formally pronounced later. The company will notify stock exchanges once the order copy is received.

Likely market impact

Awaiting NCLT verdict on the merger with Maple Hotels; outcome will determine future structure and shareholder benefits.