Announced Tue, 14 Jul · 21:44 IST
Board approves amalgamation with group firm Achyut Healthcare
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
+9.2%1-day move
₹3.05
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+9.2+7.2+12.5+14.8+10.8+6.9————
Up moveDown movePending
AI summary
Zenith Healthcare board approved amalgamation of Achyut Healthcare (same group) into itself. Exchange ratio: 119 Zenith shares for every 50 Achyut shares. No cash consideration. Achyut FY26 turnover Rs 1197 lakh, assets Rs 3809 lakh. Scheme subject to NCLT and shareholder approvals. Post-merger Zenith promoter stake rises from 28.74% to 45.80% as new shares are issued to Achyut shareholders.
Likely market impact
Expands pharma portfolio and capacity. New equity issuance will significantly dilute existing public shareholders. Awaiting NCLT and shareholder approval.