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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
Belrise IndustriesAuto Components & EquipmentsBelrise gets no adverse observations from NSE and BSE for merger scheme4 Jul 2026Scheme filed with the NCLT-0.5% +1.3% +5.6%₹22219,770 Cr37.1vs 25.910.9%+12.6%
GSP Crop SciencePesticides & AgrochemicalsBoard approves scheme to merge subsidiaries and demerge manufacturing unit2 Jul 2026Scheme filed with the NCLT×2+1.7% +10.8% +49.3%₹4332,012 Cr46.1vs 18.415.6%—
Lenskart SolutionsSpeciality RetailLenskart board approves JV with China Mingfeng for metal frame making2 Jul 2026Scheme filed with the NCLT×7+1.1% +1.4% +7.1%₹7281.27 L Cr160.6vs 20.94.8%+35.7%
BASF IndiaSpecialty ChemicalsBASF India NCLT meeting approves 1:1 demerger of agri business into BASIL2 Jul 2026Demerger ratio announcedScheme filed with the NCLT×3+2.8% -2.0% +3.9%₹2,97812,892 Cr20.0vs 22.212.7%+24.5%
Arihant Capital MKTSStockbroking & AlliedBSE, NSE give no objection to Arihant Capital composite scheme of arrangement1 Jul 2026Scheme filed with the NCLT×3+2.8% +6.6% +11.3%₹89976 Cr20.2vs 16.3—+33.0%
Jhaveri Credits & CapitalOther Financial ServicesPromoter group acquires 10.62% stake via amalgamation scheme1 Jul 2026Scheme filed with the NCLT×3-3.9% -6.3% -10.2%₹179199 Cr241.8vs 19.0-1.6%—
Maithan AlloysFerro & Silica ManganeseUpdate on merger scheme with Impex Metal & Ferro Alloys1 Jul 2026Scheme filed with the NCLT×2+0.1% +1.6% -5.0%₹8382,438 Cr8.4vs 10.813.9%-14.7%
NIITEducationAmalgamation scheme with NIFB Training and RPS Consulting becomes effective from July 1, 20261 Jul 2026Scheme filed with the NCLT×6+3.8% +0.0% -4.0%₹71.5980 Cr178.8vs 24.10.5%-6.4%
Expo Engineering and ProjectsOther Industrial ProductsBoard approves draft merger scheme absorbing EP into Expo Engineering30 Jun 2026Scheme filed with the NCLT-0.4% +11.0% +8.1%₹88232 Cr89.8vs 17.02.2%+0.1%
Autoline IndustriesAUTOINDAccounting amendments to Autoline Design Software merger scheme30 Jun 2026Scheme filed with the NCLT×6-1.8% +12.3% +2.5%₹78.47356 Cr8.913.1%+74.7%
VMS TMTVMSTMTVMS TMT board approves amalgamation of Aditya Ultra Steel27 Jun 2026Scheme filed with the NCLT0.0% +5.7% -1.7%₹43.74217 Cr12.39.3%—
PricolAuto Components & EquipmentsPricol Board approves demerger of DICVS business into Pricol Autotech27 Jun 2026Demerger ratio announced×2+3.3% +4.4% +13.1%₹7158,713 Cr30.1vs 25.912.9%+34.7%
Ipca LaboratoriesPharmaceuticalsIpca Labs board approves merger of Krebs Biochemicals26 Jun 2026Scheme filed with the NCLT×2+5.4% +8.9% +9.6%₹1,96049,718 Cr38.0vs 28.615.6%+20.8%
Apollo Hospitals Enter.HospitalNCLT meetings approve Apollo Hospitals composite scheme of arrangement26 Jun 2026Scheme filed with the NCLT×15+1.6% +1.9% +4.0%₹8,3551.20 L Cr53.6vs 44.79.7%+20.8%
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%₹24.731,457 Cr13.2vs 16.316.7%+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%₹8752,896 Cr—1.6%+20.4%
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%₹1561,666 Cr34.8vs 15.78.4%+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%₹1832,603 Cr30.9vs 20.82.1%+126.8%
The Ramco CementsCement & Cement ProductsNCLT second motion filed for Ramco Windfarms merger with Ramco Cements20 Jun 2026Scheme filed with the NCLT×3-0.7% +6.7% +3.6%₹79918,890 Cr29.3vs 29.67.1%+9.6%
Somany CeramicsCeramicsNCLT meeting approves amalgamation of 3 subsidiaries into Somany Ceramics19 Jun 2026Scheme filed with the NCLT×9-1.5% +3.9% -2.6%₹5582,288 Cr17.2vs 26.38.2%+25.6%
Navneet EducationStationaryShareholders approve NCLT scheme of arrangement with Indiannica Learning16 Jun 2026Scheme filed with the NCLT×4-4.4% -3.3% +2.4%₹1282,826 Cr7.4vs 15.07.9%+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%₹3991,942 Cr23.55.9%+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%₹455216 Cr20.4vs 14.94.2%+106.9%
Astra MicrowaveAerospace & DefenseAMPL board approves demerger of Space business into ASTPL10 Jun 2026Demerger ratio announced×2-4.3% +15.7% +23.2%₹1,56214,833 Cr78.5vs 75.317.2%-11.6%
Gabriel IndiaAuto Components & EquipmentsGabriel India allots shares under NCLT-approved demerger scheme9 Jun 2026Scheme filed with the NCLTDemerger ratio announced×8-2.2% +14.9% +18.6%₹1,41927,190 Cr66.6vs 25.94.9%+36.2%
Meghmani OrganicsPesticides & AgrochemicalsShareholders approve amalgamation of two subsidiaries with Meghmani Organics9 Jun 2026Scheme filed with the NCLT×5-4.2% +5.2% -1.9%₹56.281,431 Cr16.5vs 18.46.3%+15.5%
Radico KhaitanBreweries & DistilleriesNCLT clears meeting dispensations for Radico Khaitan amalgamation scheme5 Jun 2026Scheme filed with the NCLT+0.2% +1.9% +16.9%₹4,51060,430 Cr75.8vs 26.315.4%-46.2%
KopranKOPRANKopran shareholders and creditors approve amalgamation scheme with Kopran Labs4 Jun 2026Scheme filed with the NCLT-1.6% -2.0% +5.3%₹2611,261 Cr50.56.1%+13.9%
Kirloskar Ferrous IndPig IronUpdate in respect of the Scheme of Arrangement and Merger by Absorption of Oliver Engineering Private Limited and Adicca Energy Solutions Private Limited with Kirloskar Ferrous Industries Limited3 Jun 2026Scheme filed with the NCLT+0.7% +3.8% +8.7%₹4016,607 Cr18.411.7%+4.6%
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%₹1,129145 Cr19.9vs 25.99.5%+11.9%
KalpataruResidential Commercial ProjectsKalpataru withdraws demerger scheme of subsidiary's real estate project2 Jun 2026Scheme filed with the NCLT×3-1.0% -2.0% -3.5%₹2495,137 Cr92.0vs 20.8-2.1%-44.9%
Strides Pharma SciPharmaceuticalsArco Lab to Pivot Path demerger scheme becomes effective from June 11 Jun 2026Scheme filed with the NCLT×3-1.2% -9.3% +3.3%₹9999,208 Cr14.9vs 28.68.0%+17.1%
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%₹47.21,393 Cr20.5vs 12.21.0%+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%₹5.17122 Cr24.6vs 14.93.3%+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%₹3691,650 Cr32.5vs 17.7——
WIM PlastPlastic Products - ConsumerThe Board has fixed 9th June as the Record date for determining the shareholders eligible to receive consideration pursuant to the Scheme.27 May 2026Scheme filed with the NCLTDemerger ratio announced×4-4.3% — ————6.8%-10.6%
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%₹4711,952 Cr43.45.1%+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%₹2751,619 Cr47.3vs 14.94.1%+29.3%
Entero Healthcare SoluPharmacy RetailEntero Healthcare Solutions Limited has informed the Exchange about Acquisition25 May 2026Scheme filed with the NCLT-9.9% -14.6% -8.5%₹1,7747,721 Cr55.46.6%+32.9%
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%₹4734,191 Cr29.9vs 20.814.9%+141.1%
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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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