 Heg Advanced MaterialElectrodes & Refractories | HEG promoter group gets 12.29% via composite scheme of arrangement21 Sept 2026Demerger Ratio AnnouncedNclt Scheme Filed×18 | pending | ₹249 | 4,796 Cr | 13.4vs 33.2 | 5.9% | +10.3% |
 Shish IndustriesPlastic Products - Industrial | Board to consider merger with two wholly owned subsidiaries on Sept 2319 Sept 2026Nclt Scheme Filed | pending | ₹13.47 | 568 Cr | 70.9vs 15.3 | 4.3% | +7.4% |
 K M Sugar MillsSugar | Record date fixed for distillery demerger - Oct 2, 202619 Sept 2026Demerger Ratio AnnouncedNclt Scheme Filed×6 | pending | ₹28.94 | 266 Cr | 4.8vs 10.8 | 17.7% | -8.8% |
 NDL VenturesOther Financial Services | NCLT hearing on NDL Ventures merger adjourned to October 118 Sept 2026Nclt Scheme Filed×6 | pending | ₹123 | 415 Cr | — | -10.2% | -9.4% |
 Veranda Learning SolE-Learning | Regional Director approves amalgamation of two subsidiaries into Veranda Race18 Sept 2026Nclt Scheme Filed×4 | pending | ₹231 | 2,224 Cr | 14.8vs 14.8 | 9.4% | +7.4% |
 Rajeswari Infrastructure LimitResidential, Commercial Projects | Board to approve record date for NCLT Resolution Plan implementation18 Sept 2026Nclt Scheme Filed | pending | ₹4.2 | 2 Cr | 6.7vs 16.2 | 14.3% | — |
 Rudra EcovationOther Textile Products | NCLT approves merger of Rudra Ecovation with Shiva Texfabs18 Sept 2026Nclt Scheme Filed×2 | +10.2% — — | ₹23.1 | 276 Cr | 66.0vs 14.9 | -3.5% | +16.1% |
 GPT InfraprojectsCivil Construction | NCLT orders meetings for amalgamation of two wholly-owned subsidiaries16 Sept 2026Nclt Scheme Filed | +7.0% — — | ₹118 | 1,495 Cr | 15.2vs 14.7 | 16.7% | -3.4% |
 Irm EnergyLPG/CNG/PNG/LNG Supplier | IRM Energy shareholders approve amalgamation with Enertech Distribution12 Sept 2026Nclt Scheme Filed×3 | -6.6% — — | ₹272 | 1,117 Cr | 15.3vs 15.3 | 7.1% | +24.3% |
 Kiran SyntexOther Textile Products | Kiran Syntex files draft merger scheme with BSE11 Sept 2026Nclt Scheme Filed×2 | pending | ₹15.17 | 6 Cr | 84.3vs 14.9 | 0.1% | +591.5% |
 Marathon Nxtgen RealtResidential Commercial Projects | Shareholders and creditors approve composite amalgamation and arrangement scheme8 Sept 2026Nclt Scheme FiledDemerger Ratio Announced×6 | -2.6% -7.1% — | ₹415 | 2,798 Cr | 14.2vs 22.1 | 10.2% | +40.3% |
 India GlycolsBreweries & Distilleries | Ennature Bio Pharma allots shares to IGL shareholders under demerger scheme8 Sept 2026Demerger Ratio Announced×9 | +7.2% -10.8% — | ₹256 | 1,716 Cr | 5.2vs 23.9 | 7.3% | +19.4% |
 Pitti EngineeringIndustrial Products | NCLT approves amalgamation of two subsidiaries into Pitti Engineering8 Sept 2026Nclt Scheme Filed | -0.1% -2.9% — | ₹1,136 | 4,277 Cr | 33.8vs 26.8 | 11.2% | +15.9% |
 Share Ind. SecuritiesStockbroking & Allied | NCLT approves Silverleaf Capital amalgamation into Share India8 Sept 2026Nclt Scheme Filed×2 | +14.1% +32.6% — | ₹227 | 4,970 Cr | 13.7vs 15.3 | — | +31.3% |
 Venmax Drugs And PharmaceuticaPharmaceuticals | NCLT orders shareholder meeting for Venmax Hatri Pharma merger8 Sept 2026Nclt Scheme Filed | -2.5% -4.7% — | ₹15.65 | 18 Cr | 38.2vs 29.6 | 2.0% | +104.9% |
 Jubilant Agri N Con Pro LSpecialty Chemicals | Shareholders approve NCLT scheme for demerger of Agri Business7 Sept 2026Nclt Scheme Filed×5 | -3.2% -9.5% — | ₹2,092 | 3,169 Cr | 24.4vs 23.7 | 33.6% | +18.4% |
 Kavveri DFS & Wir TecTelecom - Equipment & Accessories | Board approves amalgamation with Samoro Telecoms, swap ratio 453:16 Sept 2026Nclt Scheme FiledDemerger Ratio Announced | -3.5% +6.8% — | ₹75.3 | 453 Cr | — | 1.1% | -63.1% |
 LactosePharmaceuticals | Amalgamation with Vitanosh Ingredients effective from Sept 5, 20265 Sept 2026Nclt Scheme Filed×3 | -5.0% -4.8% — | ₹101 | 127 Cr | 21.0vs 29.6 | 9.2% | +64.8% |
 Roselabs FinanceOther Financial Services | NCLT meeting on Oct 9 for merger with Lodha Developers4 Sept 2026Nclt Scheme Filed | +6.4% -4.8% — | ₹21.81 | 22 Cr | 70.3vs 18.4 | -495.7% | -100.0% |
 National Stand (india) LResidential Commercial Projects | NCLT meeting notice for NSIL merger with Lodha Developers4 Sept 2026Nclt Scheme Filed | +3.3% +5.0% — | ₹115 | 229 Cr | 23.7vs 22.1 | 4.7% | -100.0% |
 Global EducationEducation | GEL receives 24L shares of RIPL under NCLT-sanctioned demerger scheme4 Sept 2026Nclt Scheme FiledDemerger Ratio Announced×3 | +3.3% +9.9% — | ₹129 | 658 Cr | 25.2vs 22.3 | 25.9% | -5.3% |
 Mawana SugarsMAWANASUG | NCLT approves amalgamation of Mawana Foods with Mawana Sugars3 Sept 2026Nclt Scheme Filed×2 | -0.7% -14.5% — | ₹126 | 494 Cr | 17.9 | 9.3% | +3.8% |
 Kaiser CorporationTrading & Distributors | Kaiser Corporation files for BSE in-principle approval to absorb Emazing Deals3 Sept 2026Nclt Scheme Filed×3 | -4.0% -6.6% — | ₹5.87 | 31 Cr | 12.8vs 13.9 | -31.9% | -57.6% |
 Almondz Global SecStockbroking & Allied | Corrigendum to post-Scheme shareholding pattern of Resulting Company3 Sept 2026Nclt Scheme FiledDemerger Ratio Announced×2 | +2.4% -5.2% — | ₹18.6 | 325 Cr | 9.6vs 15.3 | — | +40.7% |
 MSP Steel & PowerIron & Steel Products | MSP Steel board approves demerger of MSP Sponge manufacturing biz2 Sept 2026Demerger Ratio Announced×3 | -2.2% -8.2% — | ₹33.17 | 1,880 Cr | 49.5vs 15.9 | -2.3% | +16.3% |
 Thomas CookTour Travel Related Services | NSE no objection for Thomas Cook composite scheme of arrangement2 Sept 2026Nclt Scheme Filed | -0.4% +0.1% — | ₹105 | 4,932 Cr | 22.4vs 27.0 | 9.3% | -13.1% |
 Entertain Net. Ind.Media & Entertainment | Times Horizon acquires 71.15 percent in ENIL via BCCL demerger scheme2 Sept 2026Demerger Ratio AnnouncedNclt Scheme Filed | -0.9% +0.5% — | ₹100 | 477 Cr | — | -3.4% | -2.8% |
 Royal Cushion Vinyl Products LGranites & Marbles | NCLT-sanctioned merger with Royal Spinwell becomes effective1 Sept 2026Nclt Scheme Filed×2 | -9.2% +8.9% — | ₹12.39 | 45 Cr | 3.6vs 20.0 | 197.6% | -34.6% |
 Happiest Minds TechnoComputers - Software & Consulting | Happiest Minds merger with ITC Infotech approved; promoters to sell 22.1% stake31 Aug 2026Nclt Scheme Filed×3 | -13.0% -18.7% — | ₹317 | 4,772 Cr | 21.4vs 16.1 | 12.8% | +14.3% |
 Lux IndustriesGarments & Apparels | Board approves demerger of two business verticals into new listed subsidiaries31 Aug 2026Demerger Ratio AnnouncedNclt Scheme Filed | -3.9% -8.7% — | ₹1,194 | 3,738 Cr | 35.1vs 16.9 | 7.3% | +0.8% |
 Ppap AutomotiveAuto Components & Equipments | NCLT meeting of unsecured creditors for Avinya Batteries amalgamation29 Aug 2026Nclt Scheme Filed×4 | +5.8% -4.4% — | ₹237 | 335 Cr | 7.2vs 26.2 | 12.6% | +34.1% |
 S V Global MillResidential, Commercial Projects | Board approves scheme to cancel unclaimed physical shares28 Aug 2026Nclt Scheme Filed | +6.9% +19.2% — | ₹159 | 288 Cr | 12.1vs 16.2 | -8.2% | -62.7% |
 True ColorsIndustrial Products | NCLT-ordered shareholder meeting on Sept 28 for Inkia Inks amalgamation27 Aug 2026Nclt Scheme Filed×2 | -3.7% -2.5% — | ₹152 | 374 Cr | 9.9vs 26.8 | 18.7% | — |
 Orient CementCement & Cement Products | Orient Cement NCLT-convened shareholder meeting on Sept 28 for Ambuja merger scheme26 Aug 2026Nclt Scheme Filed×3 | -2.3% -5.6% — | ₹126 | 2,644 Cr | 12.3vs 24.2 | 12.8% | -30.3% |
 Siyaram Silk MillsOther Textile Products | Siyaram allots bonus preference shares under NCLT approved scheme25 Aug 2026Nclt Scheme Filed×4 | -0.4% -1.8% — | ₹530 | 2,405 Cr | 10.1vs 14.9 | 19.2% | +14.4% |
 MPSPrinting & Publication | Unsecured creditors approve MPS-ADIBPO amalgamation scheme22 Aug 2026Nclt Scheme Filed×11 | -6.9% -10.3% — | ₹2,649 | 4,532 Cr | 23.9vs 7.6 | 33.1% | +20.4% |
 Mercantile VenturesDiversified Commercial Services | Walery Security merges into i3 Security; amalgamation scheme effective22 Aug 2026Nclt Scheme Filed×7 | +3.5% +6.4% — | ₹22.22 | 249 Cr | 28.9vs 14.1 | 0.9% | +22.9% |
 Axita CottonOther Textile Products | Axita Cotton files EoI to acquire Varidhi Cotspin via IBC process21 Aug 2026Nclt Scheme Filed | +1.7% +4.0% — | ₹8.01 | 307 Cr | 200.3vs 14.9 | 1.7% | +1.1% |
 Capricorn Systems Global Solut | BSE clears amalgamation scheme of Radical Bio-Organics with Capricorn Systems21 Aug 2026Nclt Scheme Filed | +4.0% +16.9% +34.0% | ₹29.58 | 83 Cr | 37.4 | 0.7% | +2983.3% |
 Kothari Sug & ChemSugar | NSE gives no objection to KSCL merger with Kothari Petrochemicals19 Aug 2026Nclt Scheme Filed | +24.5% +22.1% +0.3% | ₹26.98 | 224 Cr | 40.9vs 10.8 | -0.8% | +25.1% |
