 Acme Solar HoldingsPower Generation | ACME Solar board approves merger of 3 wholly-owned subsidiaries18 Sept 2026Scheme filed with the NCLT | +4.7% +0.4% -7.8% | ₹396 | 27,985 Cr | 33.3vs 21.3 | 1.9% | +89.6% |
 Cello WorldHouseware | Cello World completes fractional share compensation for Wim Plast merger17 Sept 2026Demerger ratio announcedScheme filed with the NCLT×5 | -1.8% +0.8% +12.5% | ₹365 | 8,237 Cr | 26.5vs 32.3 | 7.2% | +7.8% |
 Swan Defence N Hevy IndSWANDEF | Amalgamation with Triumph Offshore effective from 17 Sept 202617 Sept 2026Scheme filed with the NCLT×4 | +0.7% +0.0% +6.7% | ₹2,750 | 14,488 Cr | 34.9 | -1.1% | +74.0% |
 IRM EnergyLPG/CNG/PNG/LNG Supplier | IRM Energy shareholders approve amalgamation with Enertech Distribution12 Sept 2026Scheme filed with the NCLT×3 | -6.6% -5.4% -12.1% | ₹242 | 994 Cr | 11.6vs 12.9 | 7.1% | +29.0% |
 SiemensHeavy Electrical Equipment | NCLT clears Siemens-SRAPL amalgamation; notice issued to shareholders12 Sept 2026Scheme filed with the NCLT×2 | -5.4% -2.9% -7.3% | ₹3,560 | 1.27 L Cr | 38.5vs 32.7 | 6.8% | +10.9% |
 IndiabullsIBULLSLTD | Indiabulls to acquire 70% in Fintech Cloud for Rs 1,050 cr via share swap11 Sept 2026Scheme filed with the NCLT | +10.2% +10.8% +36.3% | ₹29.88 | 6,802 Cr | 11.8 | — | +40.5% |
 Tata MotorsCommercial Vehicles | Tata Motors sends NCLT-ordered notices for merger of two wholly-owned subsidiaries9 Sept 2026Scheme filed with the NCLT | -2.2% -1.1% -9.3% | ₹426 | 1.57 L Cr | 24.8 | 20.3% | +36.3% |
 TSF InvestmentsInvestment Company | NCLT sanctions merger of Forge 2000 into Axles India9 Sept 2026Scheme filed with the NCLT | +3.2% +8.5% -5.0% | ₹406 | 9,013 Cr | 18.5vs 20.9 | 2.8% | +70.9% |
 Marathon Nxtgen RealtResidential Commercial Projects | Shareholders and creditors approve composite amalgamation and arrangement scheme8 Sept 2026Scheme filed with the NCLTDemerger ratio announced×6 | -2.6% -7.1% -20.8% | ₹398 | 2,681 Cr | 15.2vs 20.4 | 4.9% | +10.4% |
 Jubilant Agri N Con ProSpecialty Chemicals | Shareholders approve NCLT scheme for demerger of Agri Business7 Sept 2026Scheme filed with the NCLT×5 | -3.2% -9.5% -10.9% | ₹1,843 | 2,792 Cr | 26.6vs 21.9 | 14.1% | +15.0% |
 Thyrocare TechHealthcare Service Provider | API Holdings absorbs Docon; 51.02% stake in Thyrocare vests in API4 Sept 2026Scheme filed with the NCLT×2 | -1.0% -2.9% -11.0% | ₹494 | 7,863 Cr | 54.9vs 34.0 | 16.4% | +25.1% |
 Global EducationEducation | GEL receives 24L shares of RIPL under NCLT-sanctioned demerger scheme4 Sept 2026Scheme filed with the NCLTDemerger ratio announced×3 | +3.3% +9.9% +18.8% | ₹144 | 731 Cr | 28.0vs 23.7 | 25.9% | -5.3% |
 Mawana SugarsMAWANASUG | NCLT approves amalgamation of Mawana Foods with Mawana Sugars3 Sept 2026Scheme filed with the NCLT×2 | -0.7% -14.5% -0.9% | ₹151 | 590 Cr | 21.4 | 9.3% | +3.8% |
 Almondz Global SecStockbroking & Allied | Corrigendum to post-Scheme shareholding pattern of Resulting Company3 Sept 2026Scheme filed with the NCLTDemerger ratio announced×2 | +2.4% -5.2% +9.2% | ₹18.2 | 348 Cr | 8.5vs 16.1 | — | +16.8% |
 MSP Steel & PowerIron & Steel Products | MSP Steel board approves demerger of MSP Sponge manufacturing biz2 Sept 2026Demerger ratio announced×3 | -2.2% -8.2% -13.0% | ₹30.17 | 1,710 Cr | 45.0vs 15.8 | -2.3% | +16.3% |
 KFIN TechnologiesDepositories Clearing Houses and Other Intermediaries | Board approves amalgamation of 3 subsidiaries into KFin Tech1 Sept 2026Scheme filed with the NCLT | -1.3% -4.1% -7.6% | ₹916 | 15,832 Cr | 45.3 | 9.7% | +29.9% |
 ITCDiversified FMCG | ITC subsidiary ITC Infotech amalgamates two step-down units1 Sept 2026Scheme filed with the NCLT | -1.2% -2.4% +1.0% | ₹283 | 3.55 L Cr | 18.8vs 33.8 | 14.9% | +43.9% |
 Happiest Minds TechnoComputers - Software & Consulting | Happiest Minds merger with ITC Infotech approved; promoters to sell 22.1% stake31 Aug 2026Scheme filed with the NCLT×3 | -13.0% -18.7% -25.4% | ₹315 | 4,738 Cr | 20.5vs 16.4 | 7.3% | +12.5% |
 LUX IndustriesGarments & Apparels | Board approves demerger of two business verticals into new listed subsidiaries31 Aug 2026Demerger ratio announcedScheme filed with the NCLT×2 | -3.9% -8.7% -9.8% | ₹1,159 | 3,628 Cr | 33.9vs 17.1 | 3.2% | -7.7% |
 TVS HoldingsInvestment Company | NCLT sanctions TVS Holdings bonus preference share scheme 46 to 127 Aug 2026Scheme filed with the NCLT×3 | -0.8% +1.3% -8.7% | ₹12,977 | 26,265 Cr | 9.5vs 20.9 | — | +156.1% |
 IRB Infra DevCivil Construction | IRB Infra board approves merger of 9 wholly-owned subsidiaries into parent26 Aug 2026Scheme filed with the NCLT | -1.9% -1.3% -12.1% | ₹17.04 | 20,581 Cr | 15.9vs 13.5 | 1.6% | +8.3% |
 Siyaram Silk MillsOther Textile Products | Siyaram allots bonus preference shares under NCLT approved scheme25 Aug 2026Scheme filed with the NCLT×4 | -0.4% -1.8% -5.6% | ₹498 | 2,259 Cr | 10.0vs 14.7 | 7.0% | +15.3% |
 Sonata SoftwareComputers - Software & Consulting | Merger of wholly owned subsidiary Encore IT with Sonata effective25 Aug 2026Scheme filed with the NCLT | -2.1% -7.2% -8.5% | ₹240 | 6,641 Cr | 14.5vs 16.4 | 12.2% | +15.4% |
 Inox Green Energy SerDiversified Commercial Services | Inox Green allots 4.89 cr IRSL shares under demerger scheme24 Aug 2026Scheme filed with the NCLT×3 | -2.0% -2.0% -2.5% | ₹121 | 4,846 Cr | 38.8vs 14.6 | 9.0% | -23.0% |
 The Indian Hotels Co.Hotels & Resorts | IHCL board approves amalgamation of Oriental Hotels into itself24 Aug 2026Scheme filed with the NCLT | 0.0% -0.5% -0.2% | ₹888 | 1.26 L Cr | 57.2vs 25.5 | 5.6% | +21.7% |
 MPSPrinting & Publication | Unsecured creditors approve MPS-ADIBPO amalgamation scheme22 Aug 2026Scheme filed with the NCLT×10 | -6.9% -10.3% -9.7% | ₹2,250 | 3,849 Cr | 20.6vs 6.5 | 18.3% | +15.3% |
 Mercantile VenturesDiversified Commercial Services | Walery Security merges into i3 Security; amalgamation scheme effective22 Aug 2026Scheme filed with the NCLT×7 | +3.5% +6.4% -8.5% | ₹22.59 | 253 Cr | 37.0vs 14.6 | 0.9% | +22.9% |
 Capricorn Systems Global Solut | BSE clears amalgamation scheme of Radical Bio-Organics with Capricorn Systems21 Aug 2026Scheme filed with the NCLT | +4.0% +16.9% +34.0% | ₹19.2 | 54 Cr | 24.3 | 0.7% | +2983.3% |
 Alkem LaboratoriesPharmaceuticals | Alkem Labs shareholders approve Adroit Biomed amalgamation with 99.99% votes17 Aug 2026Scheme filed with the NCLT×2 | +0.2% -0.5% -0.3% | ₹5,297 | 63,326 Cr | 29.4vs 29.0 | 17.8% | +10.9% |
 Birla CableBIRLACABLE | NSE and BSE clear Birla Cable merger with Vindhya Telelinks scheme14 Aug 2026Scheme filed with the NCLT | +1.8% -6.9% +39.5% | ₹346 | 1,039 Cr | 22.5 | 6.9% | +51.1% |
 Vindhya TelelinksCivil Construction | NSE and BSE clear amalgamation of Birla Cable into Vindhya Telelinks14 Aug 2026Scheme filed with the NCLT | +3.3% -0.6% +9.0% | ₹2,478 | 2,937 Cr | 11.4vs 13.5 | 2.4% | -12.4% |
 Ventura GuarantyDiversified Commercial Services | Merger of step-down subsidiary VASPL with subsidiary VSL completed13 Aug 2026Scheme filed with the NCLT×2 | pending | — | — | — | — | +6.6% |
 Secmark ConsultancyComputers - Software & Consulting | Board approves amalgamation of two group companies into SecMark Consultancy12 Aug 2026Scheme filed with the NCLT×2 | +0.5% -1.9% +11.4% | ₹153 | 160 Cr | 67.4vs 16.4 | -1.0% | +27.9% |
 Salasar Techno Engg.Industrial Products | Salasar shareholders approve Hill View Infrabuild merger scheme11 Aug 2026Scheme filed with the NCLT×6 | +1.4% +2.6% -16.9% | ₹4.25 | 743 Cr | 53.1vs 25.6 | 4.6% | -1.5% |
 AvenuesaiFinancial Technology (Fintech) | AvenuesAI board OKs merger of Nueromind, Q1 revenue up 109%11 Aug 2026Scheme filed with the NCLT×2 | -8.5% -14.8% -7.3% | ₹129 | 4,502 Cr | 45.4vs 63.3 | 2.9% | +46.5% |
 Godrej PropertiesResidential Commercial Projects | NCLT scheme effective, Embellish Houses merges into GPL10 Aug 2026Scheme filed with the NCLT×4 | -5.0% -4.2% -17.1% | ₹1,809 | 54,500 Cr | 40.4vs 20.4 | 2.5% | +161.4% |
 R K SwamyAdvertising & Media Agencies | Board approves amalgamation of Dsquare Solutions with Hansa Cequity10 Aug 2026Scheme filed with the NCLT | +1.1% -8.7% -12.5% | ₹80.15 | 405 Cr | 17.8vs 10.1 | 9.7% | +7.8% |
 Refex IndustriesWaste Management | Refex Industries composite scheme gets shareholder and creditor approval7 Aug 2026Scheme filed with the NCLT×8 | +0.7% +1.7% -7.2% | ₹226 | 3,103 Cr | 12.0vs 15.6 | 10.7% | +78.4% |
 Vijaya Diagnostic CenHealthcare Service Provider | VDCL certifies distribution of proceeds from MDSL amalgamation fractional shares7 Aug 2026Scheme filed with the NCLT | +3.7% +10.8% +11.2% | ₹1,471 | 15,149 Cr | 74.3vs 34.0 | 9.6% | +26.7% |
 Religare Enter.Investment Company | RBI declines approval for Religare demerger scheme7 Aug 2026Scheme filed with the NCLT | -10.5% -9.2% -0.7% | ₹233 | 7,943 Cr | 156.2vs 20.9 | — | +26.4% |
