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Demergers & amalgamations

Every company here filed a step of a scheme of arrangement inside the window: a demerger or amalgamation approved by the board, an exchange observation letter, a court-convened shareholder or creditor meeting, the NCLT's sanction, or the record date that makes it real. The filing on each row shows which stage the scheme has reached.

CompanyWhy it’s here — the filingReaction Next day / 1w / 1mPriceMcapP/EROCERev YoY
VMS TMTVMSTMTVMS TMT board approves amalgamation of Aditya Ultra Steel27 Jun 2026Scheme filed with the NCLT0.0% +5.7% -1.7%₹43.24215 Cr13.02.6%-8.4%
Apollo PipesPlastic Products - IndustrialApollo Pipes board approves merger scheme with Kisan Mouldings26 Jun 2026Scheme filed with the NCLT×2+1.0% -2.8% +4.0%₹4982,194 Cr—-1.2%+31.4%
Kisan MouldingsPlastic Products - IndustrialKisan Mouldings board approves amalgamation with Apollo Pipes26 Jun 2026Scheme filed with the NCLT×2-9.7% -33.6% -40.6%₹20.51245 Cr24.7vs 14.9-5.6%+36.5%
Krebs Biochemicals & IndPharmaceuticalsKrebs board approves merger with Ipca Labs; share swap 7 Ipca shares per 200 Krebs shares26 Jun 2026Scheme filed with the NCLT×2-8.2% -18.5% -18.5%₹57.5124 Cr—-24.1%+38.9%
Magellanic CloudComputers - Software & ConsultingMagellanic Cloud board approves merger of wholly owned subsidiary IVIS International25 Jun 2026Scheme filed with the NCLT+13.1% +8.7% +9.5%₹24.121,421 Cr12.8vs 16.416.7%+9.9%
RPSG VenturesBusiness Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO)Board approves healthcare acquisitions and composite scheme of arrangement25 Jun 2026Scheme filed with the NCLT×3-5.1% +2.9% +5.7%₹8942,958 Cr281.1vs 16.12.9%+21.6%
MAN Coat Metal & IndIron & Steel ProductsSecured Creditors Unanimously Approve JPA Snacks Amalgamation25 Jun 2026Scheme filed with the NCLT×5+8.2% +12.0% +17.6%₹1601,701 Cr35.5vs 15.88.4%+44.6%
HubtownResidential Commercial ProjectsHubtown: Merger scheme of two private firms with the company23 Jun 2026Scheme filed with the NCLT×10+6.2% +6.3% -1.2%₹1832,600 Cr30.9vs 20.42.1%+126.8%
Somany CeramicsCeramicsNCLT meeting approves amalgamation of 3 subsidiaries into Somany Ceramics19 Jun 2026Scheme filed with the NCLT×9-1.5% +3.9% -2.6%₹5502,254 Cr17.0vs 25.38.2%+25.6%
Warren TeaTea & CoffeeWarren Tea shareholders approve merger into Maple Hotels19 Jun 2026Scheme filed with the NCLT×8-3.9% +1.8% +6.8%₹42.551 Cr—-3.8%—
Navneet EducationStationaryShareholders approve NCLT scheme of arrangement with Indiannica Learning16 Jun 2026Scheme filed with the NCLT×4-4.4% -3.3% +2.4%₹1292,838 Cr7.4vs 15.27.9%+31.2%
Asian Energy ServicesOil Equipment & ServicesAESL shareholders approve Oilmax Energy merger; NCLT scheme advances15 Jun 2026Scheme filed with the NCLT×3-3.0% +1.9% +0.7%₹4031,961 Cr23.75.9%+161.4%
EcoplastPlastic Products - IndustrialAllotment of Equity Shares under Scheme of Amalgamation15 Jun 2026Scheme filed with the NCLT×3-0.9% +2.2% +6.6%₹498237 Cr22.3vs 14.94.2%+106.9%
Health X PlatformHealthcare Service ProviderHealth X Board Approves Composite Scheme of Arrangement and Amalgamation10 Jun 2026Demerger ratio announcedScheme filed with the NCLT-2.1% +10.3% +19.1%₹272864 Cr——+49.7%
Meghmani OrganicsPesticides & AgrochemicalsShareholders approve amalgamation of two subsidiaries with Meghmani Organics9 Jun 2026Scheme filed with the NCLT×5-4.2% +5.2% -1.9%₹54.491,386 Cr16.0vs 18.06.3%+15.5%
Asian Granito Ind.CeramicsAGL certifies fractional share proceeds distribution from Adicon Ceramica demerger5 Jun 2026Demerger ratio announcedScheme filed with the NCLT×2-3.7% -1.8% -19.3%₹44.91,331 Cr172.7vs 25.30.9%+29.9%
Sagar CementsCement & Cement ProductsBoard approves merger of subsidiary Andhra Cements with Sagar Cements5 Jun 2026Scheme filed with the NCLT-3.8% -2.3% -3.0%₹1381,797 Cr—-3.2%+17.2%
Andhra CementsCement & Cement ProductsBoard approves merger with Sagar Cements; swap ratio 29:985 Jun 2026Scheme filed with the NCLT-0.6% -0.6% -7.9%₹38.59356 Cr—-7.5%+113.2%
KopranKOPRANKopran shareholders and creditors approve amalgamation scheme with Kopran Labs4 Jun 2026Scheme filed with the NCLT-1.6% -2.0% +5.3%₹2631,269 Cr50.96.1%+13.9%
Triton ValvesAuto Components & EquipmentsPlease find the attached order details as per SEBI (LODR) Regulations, 20153 Jun 2026Scheme filed with the NCLT+0.9% +6.2% +12.0%₹1,080138 Cr19.1vs 25.49.5%+11.9%
United FoodbrandsRestaurantsNCLT approves amalgamation of two United Foodbrands subsidiaries2 Jun 2026Scheme filed with the NCLT-4.7% +23.4% +45.4%₹5452,132 Cr—-0.5%+40.9%
Balkrishna Paper MillsPaper & Paper ProductsLetter with Postal Ballot Notice are attached pertaining to Scheme of Reduction of Share Capital;Material Related Party Transactions; Material Related Party Transactions with S P Finance ....29 May 2026Scheme filed with the NCLT+0.5% -1.8% -0.4%₹15.9451 Cr—13.2%+48.7%
DCWPetrochemicalsDCW Limited has informed the Exchange regarding 'Report from the Audit Committee and Independent Directors of the Company certifying distribution of proceeds to eligible shareholders of fractional shares pursuant to Scheme of Amalagamation'.29 May 2026Scheme filed with the NCLT×2+0.5% -1.5% +1.5%₹46.981,387 Cr20.4vs 11.21.0%+22.9%
Ruchi InfrastructureDiversified Commercial ServicesIntimation under regulation 30 of SEBI (LODR) Regulations, 2015.28 May 2026Scheme filed with the NCLT+2.2% -0.6% -1.6%₹5.2123 Cr24.8vs 14.63.3%+3.4%
Ashika Global SecNon Banking Financial Company (NBFC)Allotment of shares to the eligible Shareholders of Ashika Global Securities Private Limited as on 27.05.2026 (record date) pursuant to the Composite Scheme of Amalgamation28 May 2026Scheme filed with the NCLT×4-0.2% +6.1% +6.0%₹3711,658 Cr32.6vs 17.6——
Landmark CarsAuto DealerLandmark Cars Limited has informed the exchange about approval of the scheme of Amalgamation between Landmark Cars Limited (Transferee Company) and Landmark Cars (East) Private Limited, wholly owned subsidiary Company (Transferor Company) and their respective Shareholders and Creditors ('the Scheme') under Sections 230 and 233 of the Companies Act, 2013 read with Rule 25 of Companies (Compromises, Arrangements and Amalgamations) Rules, 2016.26 May 2026Scheme filed with the NCLT×2-0.5% +7.2% +13.8%₹4661,931 Cr42.95.1%+22.7%
AYM SyntexOther Textile ProductsAYM Syntex Limited has informed the Exchange about Voting Results along with Scrutinizer''s Report of the Meeting of Unsecured Creditors convened pursuant to the order passed by Hon''ble NCLT.26 May 2026Scheme filed with the NCLT×14+4.1% -2.3% -1.0%₹2601,529 Cr44.7vs 14.74.1%+29.3%
Eyantra VenturesDiversified Commercial ServicesScheme of Arrangement of Prismberry Technologies Private Limited (Wholly Owned Subsidiary) with Eyantra Ventures Limited (Holding Company).25 May 2026Scheme filed with the NCLT×20.0% +8.2% -14.8%₹507102 Cr228.6vs 14.6-10.8%-2.0%
Utkarsh Small Fin BankOther BankUtkarsh Small Finance Bank Limited has informed the Exchange about General Updates25 May 2026Scheme filed with the NCLT×3+2.0% -5.7% +10.0%₹11.752,091 Cr———
Kolte Patil Dev.Residential Commercial ProjectsScheme of Amalgamation of wholly owned subsidiaries with the Company22 May 2026Scheme filed with the NCLT×2-1.3% -7.2% -5.7%₹4554,035 Cr28.8vs 20.414.9%+141.1%
Datamatics Global SerIT Enabled ServicesDatamatics Global Services Limited has informed the Exchange about Amalgamation/Merger21 May 2026Scheme filed with the NCLT-3.0% -2.1% -0.6%₹7264,290 Cr18.9vs 17.69.5%+11.5%
Kirloskar Electric CoKECLKirloskar Electric Company Limited has informed the Exchange regarding certified true copy of the merger order passed by Hon'ble National Company Law Tribunal, Bengaluru Bench.21 May 2026Scheme filed with the NCLT×2+10.2% -2.8% -6.4%₹112783 Cr215.40.0%+15.7%
Medi Assist Health SerInsurance DistributorsAs enclosed20 May 2026Scheme filed with the NCLT×2-3.1% -5.6% -5.0%₹2822,107 Cr19.56.8%+3.9%
The Invest Trust of IndOther Financial ServicesApproval of scheme of amalgamation of four wholly owned subsidiaries (Transferor companies) with the Company (Transferee Company) and their respective shareholders of the Transferor companies ....13 May 2026Scheme filed with the NCLT-15.5% -13.2% -13.2%₹86.5452 Cr14.2vs 18.60.8%-33.5%
Orient Green Power CoPower GenerationOrient Green Power Company Limited has informed the Exchange regarding Outcome of Board Meeting held on May 11, 2026 with respect to Financial Results and proposal of merger11 May 2026Scheme filed with the NCLT-4.7% -11.0% -8.8%₹8.841,037 Cr16.1vs 21.34.5%-6.8%
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How this list is built

A company appears when an NSE/BSE filing inside the last 180 days carries one of these classifier signals (minimum importance: Medium): Scheme filed with the NCLT, Demerger ratio announced. Each row shows the latest qualifying filing; the reaction columns are the stock’s measured move from the close before that filing to the close of the next day (one session after the reaction day), 1 week and 1 month later. vs market subtracts the move of the company’s size index (Nifty 100, Nifty Midcap 150, Nifty Smallcap 250, or Nifty Microcap 250 for smaller and SME companies) over the same two closes; for filings before June 2026 that is the index membership as recorded later (tracked since Jun 2026). vs sector subtracts the median move of its industry peers. Both are differences in percentage points, not a measure of what the filing did. A benchmark that has not landed yet reads “pending”: the index close arrives a session after the stock’s.

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