 Himadri Speciality Chem LCarbon Black | HSCL board approves demerger of Dalmia Bharat Refractories Tyre Business into HSCL21 Sept 2026Demerger Ratio AnnouncedNclt Scheme Filed×2 | pending | ₹674 | 34,023 Cr | 42.3 | 19.7% | +28.0% |
 Acme Solar HoldingsPower Generation | ACME Solar board approves merger of 3 wholly-owned subsidiaries18 Sept 2026Nclt Scheme Filed | pending | ₹457 | 32,268 Cr | 46.7vs 20.0 | 2.7% | +67.8% |
 SiemensHeavy Electrical Equipment | NCLT clears Siemens-SRAPL amalgamation; notice issued to shareholders12 Sept 2026Nclt Scheme Filed | -5.4% — — | ₹3,890 | 1.38 L Cr | 42.3vs 33.8 | 20.6% | +8.4% |
 JSW InfrastructurePort & Port services | JSW Infra completes NCR Rail acquisition via IBC resolution plan10 Sept 2026Nclt Scheme Filed | -4.6% — — | ₹350 | 81,218 Cr | 49.1vs 15.0 | 10.2% | +18.1% |
 The Phoenix MillsResidential Commercial Projects | Phoenix Mills: Effective date of subsidiary merger scheme announced10 Sept 2026Nclt Scheme Filed×2 | -3.0% — — | ₹1,931 | 69,060 Cr | 54.0vs 22.1 | 9.9% | +12.8% |
 Tata MotorsCommercial Vehicles | Tata Motors sends NCLT-ordered notices for merger of two wholly-owned subsidiaries9 Sept 2026Nclt Scheme Filed | -2.2% — — | ₹445 | 1.64 L Cr | 39.1 | 20.7% | — |
 Lodha DevelopersResidential Commercial Projects | NCLT-ordered meetings set for merger of RFL and NSIL into Lodha Developers4 Sept 2026Nclt Scheme Filed×2 | -0.6% -9.4% — | ₹1,144 | 1.14 L Cr | 27.7vs 22.1 | 15.7% | +43.1% |
 ItcDiversified FMCG | ITC subsidiary ITC Infotech amalgamates two step-down units1 Sept 2026Nclt Scheme Filed | -1.2% -2.4% — | ₹267 | 3.35 L Cr | 16.9vs 38.3 | 35.9% | +27.6% |
 Gujarat EnergyLPG/CNG/PNG/LNG Supplier | Distribution of sale proceeds from fractional entitlements under scheme27 Aug 2026Demerger Ratio AnnouncedNclt Scheme Filed×6 | -1.2% +3.7% — | ₹238 | 22,340 Cr | 10.7vs 15.3 | 10.4% | +140.3% |
 AccCement & Cement Products | ACC shareholder meeting on Sept 29 to approve Ambuja Cements merger27 Aug 2026Nclt Scheme Filed×4 | -2.7% -3.3% — | ₹1,252 | 23,545 Cr | 12.3vs 24.2 | 9.9% | -4.6% |
 Ambuja CementsCement & Cement Products | Ambuja-ACC merger: Shareholder meeting on Sept 29 for NCLT scheme approval27 Aug 2026Nclt Scheme Filed×5 | -2.6% -3.3% — | ₹392 | 97,412 Cr | 22.1vs 24.2 | 4.3% | -7.7% |
 TVS HoldingsInvestment Company | NCLT sanctions TVS Holdings bonus preference share scheme 46 to 127 Aug 2026Nclt Scheme Filed×3 | -0.8% +1.3% — | ₹12,731 | 25,768 Cr | 13.1vs 24.0 | — | +34.0% |
 Irb Infra DevCivil Construction | IRB Infra board approves merger of 9 wholly-owned subsidiaries into parent26 Aug 2026Nclt Scheme Filed | -1.9% -1.3% — | ₹18.09 | 21,849 Cr | 16.8vs 14.7 | 2.5% | +1.8% |
 Dabur IndiaPersonal Care | NCLT reserves order on Dabur and Sesa Care amalgamation scheme24 Aug 2026Nclt Scheme Filed | -1.1% -5.0% — | ₹388 | 68,849 Cr | 34.9vs 37.9 | 19.8% | +10.6% |
 The Indian Hotels CO.Hotels & Resorts | IHCL board approves amalgamation of Oriental Hotels into itself24 Aug 2026Nclt Scheme Filed | 0.0% -0.5% — | ₹746 | 1.06 L Cr | 49.5vs 25.0 | 16.2% | +14.6% |
 JSW SteelIron & Steel | Scheme of amalgamation with Piombino Steel approved by shareholders21 Aug 2026Nclt Scheme Filed×6 | +2.1% +0.9% — | ₹1,270 | 3.10 L Cr | 12.5vs 15.7 | 14.8% | +9.8% |
 Samvrdhna MTHRSN IntlAuto Components & Equipments | NCLT approves capital reduction at Motherson Technology Services subsidiary18 Aug 2026Nclt Scheme Filed | +1.3% -1.7% -1.8% | ₹163 | 1.72 L Cr | 39.3vs 26.2 | 8.2% | +16.6% |
 Alkem LaboratoriesPharmaceuticals | Alkem Labs shareholders approve Adroit Biomed amalgamation with 99.99% votes17 Aug 2026Nclt Scheme Filed×2 | +0.2% -0.5% -0.3% | ₹5,367 | 64,162 Cr | 29.7vs 29.6 | 17.8% | +10.9% |
 Lenskart SolutionsSpeciality Retail | Lenskart Q1 profit surges; expands China JV stake, sets up Korea unit12 Aug 2026Nclt Scheme Filed×5 | +4.5% +12.3% +17.0% | ₹685 | 1.19 L Cr | 178.8vs 21.2 | 5.8% | — |
 Godrej PropertiesResidential Commercial Projects | NCLT scheme effective, Embellish Houses merges into GPL10 Aug 2026Nclt Scheme Filed×4 | -5.0% -4.2% -17.1% | ₹1,696 | 51,087 Cr | 31.9vs 22.1 | 11.4% | +16.5% |
 Aurobindo PharmaPharmaceuticals | Internal merger of two stepdown subsidiaries into Eugia Pharma5 Aug 2026Nclt Scheme Filed | +2.7% +0.8% +2.7% | ₹1,718 | 98,854 Cr | 26.8vs 29.6 | 12.6% | +16.3% |
 TVS Motor Company2/3 Wheelers | TVS Motor subsidiaries announce composite amalgamation scheme5 Aug 2026Nclt Scheme FiledDemerger Ratio Announced×2 | +0.3% -1.2% -5.0% | ₹4,165 | 1.98 L Cr | 57.7vs 35.7 | 19.9% | +33.5% |
 Adani PowerIntegrated Power Utilities | NCLT approves amalgamation of 9 subsidiaries into Adani Power5 Aug 2026Nclt Scheme Filed | -0.9% -2.2% -2.5% | ₹206 | 3.98 L Cr | 27.9vs 27.4 | 12.7% | +34.0% |
 M&M Fin. ServicesNon Banking Financial Company (NBFC) | MMFSL board approves merger of Mahindra Rural Housing Finance into itself5 Aug 2026Nclt Scheme Filed | -1.5% -1.5% -5.9% | ₹353 | 49,095 Cr | 15.1vs 17.8 | — | +14.6% |
 Larsen & ToubroCivil Construction | L&T shareholders approve transfer of Realty business to subsidiary LTRPL4 Aug 2026Nclt Scheme Filed×7 | +1.8% +1.7% +0.2% | ₹3,896 | 5.36 L Cr | 32.3vs 14.7 | 11.9% | +6.7% |
 Uno MindaAuto Components & Equipments | Uno Minda board approves merger of subsidiary Minda Onkyo India4 Aug 2026Nclt Scheme Filed×3 | +3.6% +2.5% +2.8% | ₹1,230 | 71,032 Cr | 59.0vs 26.2 | 15.7% | +23.8% |
 ThermaxHeavy Electrical Equipment | Thermax Q1 profit drops 85%, board approves subsidiary merger scheme30 Jul 2026Nclt Scheme Filed×3 | -3.0% -5.2% -7.8% | ₹3,567 | 42,506 Cr | 67.7vs 33.8 | 13.5% | +7.1% |
 Mahindra & MahindraPassenger Cars & Utility Vehicles | M&M board approves merger of Mauritius subsidiary MICML into parent30 Jul 2026Nclt Scheme Filed | +5.3% +9.2% +1.9% | ₹3,061 | 3.68 L Cr | 18.5vs 25.0 | 11.5% | +27.8% |
 UplPesticides & Agrochemicals | UPL gets BSE and NSE nod for composite scheme of arrangement29 Jul 2026Demerger Ratio Announced | -0.8% -6.7% -7.4% | ₹561 | 47,443 Cr | 23.3vs 19.9 | 5.5% | +10.5% |
 AstralPlastic Products - Industrial | Astral Withdraws Composite Scheme of Arrangement29 Jul 2026Nclt Scheme Filed×6 | -2.1% -2.6% +3.1% | ₹1,405 | 37,781 Cr | 65.5vs 15.3 | 16.9% | +15.9% |
 Laurus LabsPharmaceuticals | NCLT advances Laurus Labs composite scheme, next hearing Sept 1025 Jul 2026Nclt Scheme Filed | +9.3% +14.8% +20.0% | ₹2,018 | 1.09 L Cr | 99.6vs 29.6 | 17.2% | +29.1% |
 Timken IndiaAbrasives & Bearings | NCLT accepts first motion for Timken GGB Tech amalgamation24 Jul 2026Nclt Scheme Filed | -1.5% +5.8% +2.1% | ₹3,130 | 23,540 Cr | 70.8vs 86.4 | 18.4% | — |
 JSW EnergyPower Generation | JSW Energy shareholders and creditors approve GE Power India demerger scheme22 Jul 2026Nclt Scheme Filed×5 | -1.8% -2.1% -3.7% | ₹517 | 94,682 Cr | 46.1vs 20.0 | 1.9% | +1.2% |
 Anant RajResidential Commercial Projects | Anant Raj approves composite scheme to spin off Data Centre business21 Jul 2026Demerger Ratio AnnouncedNclt Scheme Filed×2 | -3.5% +2.3% +1.0% | ₹596 | 21,437 Cr | 36.1vs 22.1 | 10.2% | +6.6% |
 Tech MahindraComputers - Software & Consulting | NCLT-ordered merger notice: Three WOS to merge into Tech Mahindra20 Jul 2026Nclt Scheme Filed | -1.1% +5.5% +0.5% | ₹1,555 | 1.52 L Cr | 26.8vs 16.1 | 18.8% | +17.7% |
 Torrent Pharmaceuticals LPharmaceuticals | Torrent Pharma allots 4.19 crore shares to JB Chemicals shareholders20 Jul 2026Nclt Scheme Filed×5 | +6.4% +2.8% +5.5% | ₹4,972 | 1.68 L Cr | 79.4vs 29.6 | 8.0% | +54.9% |
 Authum Invest & InfraNon Banking Financial Company (NBFC) | NCLT approves Authum resolution plan to acquire Creatoz Builders17 Jul 2026Nclt Scheme Filed | +0.2% -2.6% -5.0% | ₹560 | 47,593 Cr | 8.2vs 17.8 | — | +20.9% |
 Amber Enterprises (I)Household Appliances | NCLT admits second motion for amalgamation of wholly owned subsidiary15 Jul 2026Nclt Scheme Filed | -1.4% -7.6% -7.8% | ₹7,105 | 25,058 Cr | 260.4vs 40.7 | 5.3% | +12.7% |
 Aster DM Quality CareHospital | Promoter BCP Asia II Topco acquires 28.11% in Aster DM via scheme14 Jul 2026Nclt Scheme Filed×10 | +1.6% -3.4% +1.4% | ₹756 | 39,184 Cr | 122.4vs 47.1 | 8.5% | +21.6% |
 Gujarat FluorochemSpecialty Chemicals | BSE and NSE give No Objection for GFCL group restructuring scheme10 Jul 2026Nclt Scheme Filed | +0.8% +19.5% +16.0% | ₹4,560 | 50,160 Cr | 81.9vs 23.7 | 8.7% | +24.0% |
