GE Power IndiaHeavy Electrical Equipment | NCLT sanctions Scheme of Arrangement for GE Power India14 Oct 2026Scheme filed with the NCLT×2 | -1.8% -9.1% — | ₹602 | 4,047 Cr | 14.9vs 32.7 | 44.5% | +7.6% |
JSW EnergyPower Generation | JSW Energy receives NCLT approval for GEPIL demerger scheme14 Oct 2026Scheme filed with the NCLT×2 | +3.6% -3.2% — | ₹525 | 96,224 Cr | 40.6vs 21.3 | 1.8% | +23.0% |
JK PaperPaper & Paper Products | YPL Enterprises promoter group shareholding rises to 7.06% in JK Paper via NCLT scheme14 Oct 2026Scheme filed with the NCLT | +3.1% -2.2% — | ₹368 | 6,673 Cr | 20.1vs 11.5 | 4.4% | +12.7% |
K M Sugar MillsSugar | Distillery demerger effective; KM Spirits ceases to be subsidiary12 Oct 2026Demerger ratio announced×9 | +4.2% +5.3% — | ₹32.11 | 295 Cr | 6.1vs 14.6 | 17.7% | -8.8% |
Kothari SUG & ChemSugar | NCLT meeting on Nov 13 for amalgamation with Kothari Petrochemicals12 Oct 2026Scheme filed with the NCLT×4 | +0.6% -8.8% — | ₹23.37 | 194 Cr | 14.2vs 14.6 | 0.7% | +30.7% |
GPT InfraprojectsCivil Construction | NCLT meeting notice for amalgamation of Alcon Builders and Jogbani Highway into GPT Infraprojects12 Oct 2026Scheme filed with the NCLT×2 | +4.2% -5.0% — | ₹110 | 1,396 Cr | 14.7vs 13.5 | 6.6% | +4.6% |
Kothari PetrochemPetrochemicals | NCLT-convened meeting on Nov 13 for Kothari Sugars-Petrochem amalgamation12 Oct 2026Scheme filed with the NCLT×5 | -0.1% -12.7% — | ₹123 | 723 Cr | 10.1vs 11.2 | 24.9% | -8.8% |
Veranda Learning SolE-Learning | Cost of acquisition split guidance after JSCEL demerger: 64.50% VLS, 35.50% JSCEL12 Oct 2026Demerger ratio announcedScheme filed with the NCLT×6 | +10.2% -1.0% — | ₹33.5 | 323 Cr | 2.1 | 9.4% | +7.4% |
Emcure PharmaceuticalsPharmaceuticals | Board approves merger of two wholly owned units into Emcure Pharmaceuticals12 Oct 2026Scheme filed with the NCLT | +1.7% -3.0% — | ₹2,210 | 41,926 Cr | 38.3vs 29.0 | 13.3% | +24.3% |
Lodha DevelopersResidential Commercial Projects | Lodha Developers merger scheme approved by shareholders and creditors at NCLT meeting9 Oct 2026Scheme filed with the NCLT×6 | +2.7% -5.1% — | ₹1,179 | 1.18 L Cr | 27.1vs 20.4 | 10.3% | +17.6% |
National StandResidential Commercial Projects | NCLT merger scheme with Lodha Developers approved by shareholders9 Oct 2026Scheme filed with the NCLT×3 | -1.2% -1.5% — | ₹108 | 216 Cr | 22.3vs 20.4 | 4.7% | -100.0% |
Bhagyanagar IndiaBHAGYANGR | Demerger update: Tieramet allots shares to Bhagyanagar India shareholders 1:19 Oct 2026Demerger ratio announcedScheme filed with the NCLT×2 | +10.1% +47.2% — | ₹73.14 | 234 Cr | 3.7 | 22.0% | +45.2% |
SaksoftComputers - Software & Consulting | Saksoft receives NCLT rectified order for Augmento Labs merger9 Oct 2026Scheme filed with the NCLT×2 | +1.4% +0.1% — | ₹133 | 1,768 Cr | 13.1vs 16.4 | 21.4% | -0.2% |
Triveni Engg. & Inds.Sugar | TPTL gets BSE/NSE listing approval; trading starts Oct 12, 20269 Oct 2026Scheme filed with the NCLT×5 | +5.1% +0.1% — | ₹240 | 5,295 Cr | 15.2vs 14.6 | 3.3% | +1.7% |
CIE Automotive IndiaAuto Components & Equipments | CIE India: NCLT order on merger of wholly owned subsidiary CIEALCAST8 Oct 2026Scheme filed with the NCLT×2 | +2.4% -0.3% — | ₹354 | 13,429 Cr | 14.4vs 25.4 | 7.5% | +11.0% |
Maharashtra SeamlessIron & Steel Products | MSL board approves composite demerger into two wholly owned units7 Oct 2026Scheme filed with the NCLTDemerger ratio announced | -10.7% -16.8% — | ₹570 | 7,639 Cr | 10.4vs 15.8 | 13.0% | -4.7% |
India GlycolsBreweries & Distilleries | Cost of acquisition apportionment guidance for IGL demerger6 Oct 2026Demerger ratio announcedScheme filed with the NCLT×7 | +10.9% +2.8% — | ₹295 | 1,976 Cr | 6.0vs 26.2 | 7.3% | +19.4% |
Ppap AutomotiveAuto Components & Equipments | NCLT meetings approve merger of Avinya Batteries into PPAP Automotive5 Oct 2026Scheme filed with the NCLT×5 | +7.1% +6.7% -4.2% | ₹220 | 311 Cr | 6.4vs 25.4 | 1.1% | +29.8% |
BN AgrochemBNAGROCHEM | BN Agrochem: NCLT grants 90-day extension for amalgamation scheme meetings2 Oct 2026Scheme filed with the NCLT | -0.9% -26.5% -45.9% | ₹128 | 1,250 Cr | 26.2 | 3.8% | +22.0% |
Sunteck RealtyResidential Commercial Projects | Sunteck Realty board approves demerger of Satguru real estate business into itself1 Oct 2026Scheme filed with the NCLT | -0.9% -3.1% +5.5% | ₹298 | 4,377 Cr | 19.7vs 20.4 | 2.5% | +27.1% |
Amber Enterprises (I)Household Appliances | NCLT order received on AmberPR Technoplast amalgamation scheme1 Oct 2026Scheme filed with the NCLT | +5.5% +2.2% +1.4% | ₹6,403 | 22,582 Cr | 234.6vs 41.9 | 5.3% | +12.7% |
TVS Supply Chain SolLogistics Solution Provider | NCLT Bengaluru sanctions amalgamation of 5 entities into TVS Supply Chain1 Oct 2026Scheme filed with the NCLT | +2.3% -1.4% -6.4% | ₹117 | 5,173 Cr | 80.3vs 15.5 | 4.8% | +28.7% |
Ambuja CementsCement & Cement Products | NCLT meeting approves ACC amalgamation with Ambuja Cements30 Sept 2026Scheme filed with the NCLT×7 | -2.0% -6.6% -4.0% | ₹391 | 97,064 Cr | 34.5vs 29.4 | 1.5% | +0.3% |
Time TechnoplastPlastic Products - Industrial | Board approves merger of 74.86% subsidiary TPL Plastech with Time Technoplast29 Sept 2026Scheme filed with the NCLT×2 | -2.5% -5.3% -14.1% | ₹170 | 8,367 Cr | 15.8vs 14.9 | 7.5% | +32.0% |
ACCCement & Cement Products | ACC shareholders approve amalgamation with Ambuja Cements29 Sept 2026Scheme filed with the NCLT×2 | -1.6% -6.4% -6.0% | ₹1,239 | 23,293 Cr | 26.4vs 29.4 | 1.4% | -4.1% |
JSW CementCement & Cement Products | JSW Cement board approves merger of subsidiary Shiva Cement29 Sept 2026Scheme filed with the NCLT×2 | -1.2% -0.3% +2.8% | ₹123 | 16,692 Cr | 21.8vs 29.4 | 2.4% | +33.1% |
HEG Advanced MaterialElectrodes & Refractories | Cost of Acquisition Apportionment under HEG Demerger Scheme29 Sept 2026Scheme filed with the NCLTDemerger ratio announced×17 | +0.3% -3.7% -1.4% | ₹297 | 9,805 Cr | 14.2vs 30.5 | 9.8% | -38.5% |
TPL PlastechPackaging | TPL Plastech board approves merger with Time Technoplast; share swap ratio set29 Sept 2026Scheme filed with the NCLT | +8.3% +5.6% -5.6% | ₹67.2 | 524 Cr | 16.6vs 15.2 | 10.0% | +39.9% |
Orient CementCement & Cement Products | Orient Cement shareholders approve Ambuja Cements merger scheme28 Sept 2026Scheme filed with the NCLT×3 | -0.8% -6.9% -4.1% | ₹125 | 2,630 Cr | 13.4vs 29.4 | 5.7% | -12.2% |
QMS Medical Allied SQMSMEDI | QMS Medical Allied Services to acquire 100% of Pune-based BeamOptics Scientific28 Sept 2026Scheme filed with the NCLT×6 | +8.9% -3.5% -11.1% | ₹170 | 328 Cr | 19.5 | 13.5% | +22.3% |
Transcorp InternationalOther Financial Services | Scheme of Arrangement halted after regulatory feedback26 Sept 2026Scheme filed with the NCLT | +2.8% -0.0% -3.1% | ₹23.9 | 76 Cr | 9.1vs 18.6 | 15.1% | -22.3% |
Dabur IndiaPersonal Care | NCLT approves Sesa Care amalgamation with Dabur India26 Sept 2026Scheme filed with the NCLT×3 | -1.3% -2.3% -6.6% | ₹380 | 67,474 Cr | 33.3vs 34.9 | 11.4% | +11.7% |
RPG Life SciencesPharmaceuticals | RPG Life Sciences: Subsidiary merger scheme approved by board26 Sept 2026Scheme filed with the NCLT | +1.6% -7.4% -6.6% | ₹2,560 | 4,234 Cr | 38.1vs 29.0 | 8.8% | — |
Adani PowerIntegrated Power Utilities | Adani Power amalgamates 10 wholly owned subsidiaries, scheme effective25 Sept 2026Scheme filed with the NCLT×2 | -3.2% -7.3% -9.3% | ₹204 | 3.94 L Cr | 21.6vs 21.6 | 9.5% | +44.5% |
Kansai Nerolac PaintsPaints | NCLT sanctions merger of Nerofix with Kansai Nerolac Paints25 Sept 2026Scheme filed with the NCLT | +0.6% -0.3% -0.6% | ₹196 | 15,854 Cr | 25.9vs 33.2 | 6.9% | +18.6% |
Primo ChemicalsCommodity Chemicals | Primo Chemicals board approves merger of wholly owned subsidiary Flow Tech25 Sept 2026Scheme filed with the NCLT×2 | +26.9% +14.9% +5.4% | ₹21.65 | 525 Cr | 44.2vs 17.1 | 0.5% | +0.1% |
IndosolarHeavy Electrical Equipment | Indosolar board approves merger with Waaree Energies23 Sept 2026Scheme filed with the NCLT×2 | -9.8% -18.7% -25.4% | ₹208 | 865 Cr | 6.9vs 32.7 | 15.3% | -23.2% |
Pitti EngineeringIndustrial Products | Scheme of Amalgamation becomes effective from 23 Sept 202623 Sept 2026Scheme filed with the NCLT×2 | -0.7% -3.8% -27.1% | ₹903 | 3,401 Cr | 26.9vs 25.6 | 11.2% | +15.9% |
Lemon Tree HotelsHotels & Resorts | Lemon Tree gets NSE and BSE approval for composite restructuring scheme22 Sept 2026Scheme filed with the NCLT | -0.6% +0.1% +2.0% | ₹117 | 9,241 Cr | 35.9vs 25.5 | 4.9% | +18.0% |
Himadri Speciality ChemCarbon Black | HSCL board approves demerger of Dalmia Bharat Refractories Tyre Business into HSCL21 Sept 2026Demerger ratio announcedScheme filed with the NCLT×2 | -1.1% -0.2% -20.2% | ₹569 | 28,687 Cr | 33.5 | 11.0% | +57.9% |