 Ashok LeylandCommercial Vehicles | NCLT approves merger of Hinduja Leyland Finance into NDL Ventures5 Nov 2026Scheme filed with the NCLT×2 | pending | ₹170 | 1.00 L Cr | 28.8 | 7.5% | +11.6% |
 Gujarat EnergyLPG/CNG/PNG/LNG Supplier | 0.8 million tonne yearly LNG sourcing approved; Q2 profit rises 22% to Rs 639 crore5 Nov 2026Demerger ratio announced | pending | ₹225 | 21,063 Cr | 9.5vs 13.6 | 8.8% | +147.7% |
 GO Digit General InsGeneral Insurance | Shareholders approve Go Digit Infoworks amalgamation5 Nov 2026Scheme filed with the NCLT×3 | pending | ₹260 | 24,068 Cr | 169.0 | — | — |
 Thomas CookTour Travel Related Services | Tribunal admits Thomas Cook restructuring at 81:100 share ratio5 Nov 2026Demerger ratio announcedScheme filed with the NCLT | +5.9% reaction day | ₹95.17 | 4,477 Cr | 21.7vs 26.3 | 4.7% | -6.3% |
 Narayana HrudayalayaHospital | NCLT sanctions demerger of clinical services undertaking4 Nov 2026Scheme filed with the NCLT | -1.1% reaction day | ₹1,915 | 39,135 Cr | 45.3vs 44.6 | 5.4% | +73.0% |
 Parag Milk FoodsDairy Products | Parag Milk Foods board approves merger of wholly owned subsidiary3 Nov 2026Scheme filed with the NCLT | +29.1% — — | ₹323 | 4,040 Cr | 32.1vs 27.7 | 5.0% | +23.1% |
 Dalmia Bharat SUG INSugar | Dalmia Bharat Sugar approves demerger of Hippostores technology business3 Nov 2026Demerger ratio announced | +14.1% — — | ₹477 | 3,861 Cr | 15.6vs 15.2 | 2.5% | +26.1% |
 Tata SteelIron & Steel | Tata Steel amalgamation with Rujuvalika becomes effective3 Nov 2026Scheme filed with the NCLT×2 | +1.6% — — | ₹182 | 2.28 L Cr | 20.6vs 12.7 | 7.6% | +14.3% |
 JSW SteelIron & Steel | Piombino Steel merger with JSW Steel becomes effective1 Nov 2026Scheme filed with the NCLT×2 | +5.7% — — | ₹1,356 | 4.14 L Cr | 11.6vs 12.7 | 7.1% | +20.7% |
 Shish IndustriesPlastic Products - Industrial | National Company Law Tribunal directs vote on merger of two wholly owned companies31 Oct 2026Scheme filed with the NCLT | -6.4% — — | ₹11.71 | 494 Cr | 1171.0vs 14.3 | -0.2% | +36.3% |
 Taneja Aerospace & AviaAerospace & Defense | TAAL board approves Katra Auto merger effective April 202730 Oct 2026Scheme filed with the NCLT×2 | +0.3% — — | ₹315 | 803 Cr | 47.8vs 75.6 | 13.4% | -6.8% |
 Pradeep MetalsAuto Components & Equipments | NCLT approves Nami Capital amalgamation with Pradeep Metals29 Oct 2026Scheme filed with the NCLT | -4.9% — — | ₹626 | 1,082 Cr | 35.6vs 25.5 | 20.9% | +4.5% |
 MTAR TechnologiesOther Electrical Equipment | Tribunal sanctions merger of two wholly owned MTAR subsidiaries29 Oct 2026Scheme filed with the NCLT | -8.3% — — | ₹5,735 | 17,640 Cr | 132.2vs 22.1 | 12.4% | +130.4% |
 TVS Motor Company2/3 Wheelers | TVS Motor buys Harita ARC and moves consumer finance business into it28 Oct 2026Demerger ratio announced×2 | +4.7% — — | ₹4,440 | 2.11 L Cr | 55.1vs 36.6 | 10.5% | +38.6% |
 Tilak VenturesInvestment Company | Board approves 7:3 split of commodities trading into Tilak Jewels27 Oct 2026Demerger ratio announced×2 | 0.0% — — | ₹1.27 | 170 Cr | 2.7vs 20.4 | 4.1% | -43.0% |
 Waaree EnergiesOther Electrical Equipment | Waaree acquires data centre arm; Q2 profit Rs 754 crore27 Oct 2026Scheme filed with the NCLT | +1.9% — — | ₹2,440 | 70,198 Cr | 19.0vs 22.1 | 10.2% | +23.9% |
 EFC (I)Diversified Commercial Services | NCLT sets 27 November 2026 final hearing for EFCIL demerger27 Oct 2026Scheme filed with the NCLT | +1.0% — — | ₹165 | 2,435 Cr | 8.3vs 14.7 | 8.8% | +30.4% |
 Share Ind. SecuritiesStockbroking & Allied | Tribunal approves revised start date for Silverleaf merger27 Oct 2026Scheme filed with the NCLT | +0.9% — — | ₹187 | 4,092 Cr | 8.1vs 16.2 | — | +146.8% |
 Privi Speciality CheSpecialty Chemicals | Privi shareholders approve merger of two private companies27 Oct 2026Scheme filed with the NCLT | +3.0% -3.2% — | ₹3,263 | 12,745 Cr | 34.2vs 21.8 | 12.2% | +12.0% |
 Samvrdhna MTHRSN IntlAuto Components & Equipments | NCLT approves Motherson group composite reorganisation26 Oct 2026Scheme filed with the NCLT | +4.3% +8.6% — | ₹167 | 1.76 L Cr | 37.3vs 25.5 | 4.2% | +26.9% |
 P O C L EnterprisesCommodity Chemicals | POCL shareholders to vote on Planetfirst Green amalgamation26 Oct 2026Scheme filed with the NCLT×4 | -3.1% +1.4% — | ₹114 | 352 Cr | 8.1vs 17.3 | 25.7% | — |
 Venmax Drugs and PharmaceuticaPharmaceuticals | Shareholders approve Hatri Pharma amalgamation with Venmax26 Oct 2026Scheme filed with the NCLT | -7.1% +1.7% — | ₹14.23 | 16 Cr | 34.7vs 29.2 | 2.0% | +104.9% |
 Mankind PharmaPharmaceuticals | Board approves amalgamation of two wholly owned subsidiaries26 Oct 2026Scheme filed with the NCLT | +13.1% +14.8% — | ₹2,510 | 1.04 L Cr | 46.2vs 29.2 | 7.3% | +17.3% |
 Agribio SpiritsBreweries & Distilleries | Shareholders approve Agribiotech Industries amalgamation26 Oct 2026Scheme filed with the NCLT×2 | +0.3% +5.0% — | ₹311 | 338 Cr | 78.9vs 26.8 | 1.8% | -91.4% |
 Arisinfra SolutionsOther Construction Materials | Arisunitern merger: National Company Law Tribunal meeting on November 25, 202623 Oct 2026Scheme filed with the NCLT×3 | +6.9% +11.5% — | ₹150 | 1,224 Cr | 16.5vs 28.9 | 7.1% | +27.6% |
 Ugro CapitalNon Banking Financial Company (NBFC) | UGRO Capital Profectus merger hearing set for 20 November 202622 Oct 2026Scheme filed with the NCLT | -4.9% -12.3% — | ₹71.99 | 1,100 Cr | 5.0vs 18.0 | — | — |
 Jindal StainlessIron & Steel | Board okays Q2 results, scheme to merge 4 wholly-owned subsidiaries22 Oct 2026Scheme filed with the NCLT | -2.8% -4.2% — | ₹687 | 56,606 Cr | 17.0vs 12.7 | 8.0% | +18.2% |
 Shyam Metalics and EngyIron & Steel Products | Tribunal approves merger of wholly owned electrocast unit into Shyam Sel and Power22 Oct 2026Scheme filed with the NCLT | -4.7% +1.2% — | ₹1,272 | 35,411 Cr | 25.8vs 15.8 | 8.2% | +33.7% |
 NBCCCivil Construction | NBCC: Corrigendum to MCA order on HSCC merger scheme21 Oct 2026Scheme filed with the NCLT | -5.0% +6.5% — | ₹80.58 | 21,757 Cr | 27.5vs 13.4 | 13.5% | +16.7% |
 Gocl CorporationExplosives | NCLT meeting on Nov 24 to approve HNPCL merger into GOCL21 Oct 2026Scheme filed with the NCLT×2 | -6.6% -7.8% — | ₹335 | 1,658 Cr | 4.5vs 62.4 | 3.2% | +85.0% |
 LactosePharmaceuticals | NCLT approves amalgamation of Vitanosh Ingredients into Lactose India21 Oct 2026Scheme filed with the NCLT | -1.5% +8.9% — | ₹105 | 132 Cr | 19.0vs 29.2 | 9.2% | +18.7% |
 Dr. Agarwal's Eye HospHospital | Merger approved; share exchange record date fixed for November 1820 Oct 2026Scheme filed with the NCLT×2 | -3.1% +4.3% — | ₹5,400 | 2,608 Cr | 36.7vs 44.6 | 14.3% | +20.2% |
 Dr Agarwals Health CareHospital | NCLT amalgamation scheme effective Nov 1; share swap ratio 23:2; record date Nov 1820 Oct 2026Scheme filed with the NCLT | +0.4% +8.1% — | ₹514 | 17,078 Cr | 95.2vs 44.6 | 4.2% | +31.4% |
 RECFinancial Institution | REC gets NOC from NSE and BSE for merger with Power Finance Corp19 Oct 2026Scheme filed with the NCLT×2 | -0.4% -5.5% — | ₹296 | 78,022 Cr | 5.2vs 14.9 | — | -1.0% |
 Lloyds Engg WorkIndustrial Products | Unsecured creditors approve Lloyds Engineering Works merger scheme17 Oct 2026Scheme filed with the NCLT×4 | -5.6% -10.3% — | ₹85.3 | 13,217 Cr | 50.2vs 26.0 | 3.9% | +87.4% |
 GFLHolding Company | GFL gets NCLT final order copy for INOX Infrastructure merger16 Oct 2026Scheme filed with the NCLT | -9.0% -15.2% — | ₹51.89 | 570 Cr | 9.4vs 11.1 | — | +12.3% |
 Power Fin CorpFinancial Institution | PFC gets RBI nod for merger of REC into itself; shareholders approval next15 Oct 2026Scheme filed with the NCLT | -2.9% -7.6% — | ₹330 | 1.09 L Cr | 4.1vs 14.9 | — | +0.5% |
 The Phoenix MillsResidential Commercial Projects | Phoenix Mills subsidiaries SGH Realty and Truevalue Infrabuild to merge15 Oct 2026Scheme filed with the NCLT | -1.7% -0.9% — | ₹2,120 | 75,828 Cr | 58.2vs 19.8 | 5.2% | +3.4% |
 Brooks LabBROOKS | Brooks Lab board approves demerger of Manufacturing Business into Abridge14 Oct 2026Demerger ratio announced×2 | -2.5% -13.5% — | ₹66.3 | 195 Cr | 14.8 | 4.6% | -10.0% |
 GE Power IndiaHeavy Electrical Equipment | NCLT sanctions Scheme of Arrangement for GE Power India14 Oct 2026Scheme filed with the NCLT | -1.8% -9.1% — | ₹618 | 4,155 Cr | 15.3vs 34.9 | 44.5% | +7.6% |
