Announced Fri, 19 Jun · 18:36 IST
Warren Tea shareholders approve merger 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
Court-convened meeting of Warren Tea equity shareholders held on June 18, 2026 approved the Scheme of Amalgamation with Maple Hotels & Resorts Limited. Of 9,957,216 shares polled, 99.99991 percent voted in favour (9,957,207 shares) and only 9 against. The resolution was passed under Section 230(6) of the Companies Act 2013, following NCLT Kolkata order dated April 28, 2026.
Likely market impact
Shareholders cleared the merger. Scheme now awaits NCLT final sanction. Upon approval, Warren Tea will merge into Maple Hotels & Resorts.