Announced Fri, 19 Jun · 17:51 IST
Warren Tea shareholders approve amalgamation with Maple Hotels & Resorts
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
-3.9%1-day move
₹45.90
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-3.9-3.1-2.0-1.3+1.3+1.8+5.1+6.8——
Up moveDown movePending
AI summary
Warren Tea shareholders voted 99.9999 percent in favour of the Scheme of Amalgamation with Maple Hotels and Resorts Limited at the NCLT-convened meeting held on June 18, 2026. Of 11,950,804 total shares, 9,957,207 voted in favour and only 9 against. Promoters holding 7,889,989 shares voted 100 percent in favour. The scheme now awaits final sanction from NCLT Kolkata Bench.
Likely market impact
Key shareholder hurdle cleared for the merger. Next step is NCLT sanction, after which Warren Tea will merge into Maple Hotels and Resorts.