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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
Ashok LeylandCommercial VehiclesNCLT approves merger of Hinduja Leyland Finance into NDL Ventures5 Nov 2026Scheme filed with the NCLT×2pending₹1701.00 L Cr28.87.5%+11.6%
Gujarat EnergyLPG/CNG/PNG/LNG Supplier0.8 million tonne yearly LNG sourcing approved; Q2 profit rises 22% to Rs 639 crore5 Nov 2026Demerger ratio announcedpending₹22521,063 Cr9.5vs 13.68.8%+147.7%
GO Digit General InsGeneral InsuranceShareholders approve Go Digit Infoworks amalgamation5 Nov 2026Scheme filed with the NCLT×3pending₹26024,068 Cr169.0——
Thomas CookTour Travel Related ServicesTribunal admits Thomas Cook restructuring at 81:100 share ratio5 Nov 2026Demerger ratio announcedScheme filed with the NCLT+5.9% reaction day₹95.174,477 Cr21.7vs 26.34.7%-6.3%
Mindpool TechnologiesMINDPOOLNCLT allows Mindpool and S A Tech amalgamation; shareholder vote pending4 Nov 2026Scheme filed with the NCLTpending₹71.130 Cr79.02.6%—
Narayana HrudayalayaHospitalNCLT sanctions demerger of clinical services undertaking4 Nov 2026Scheme filed with the NCLT-1.1% reaction day₹1,91539,135 Cr45.3vs 44.65.4%+73.0%
Parag Milk FoodsDairy ProductsParag Milk Foods board approves merger of wholly owned subsidiary3 Nov 2026Scheme filed with the NCLT+29.1% — —₹3234,040 Cr32.1vs 27.75.0%+23.1%
Dalmia Bharat SUG INSugarDalmia Bharat Sugar approves demerger of Hippostores technology business3 Nov 2026Demerger ratio announced+14.1% — —₹4773,861 Cr15.6vs 15.22.5%+26.1%
Tata SteelIron & SteelTata Steel amalgamation with Rujuvalika becomes effective3 Nov 2026Scheme filed with the NCLT×2+1.6% — —₹1822.28 L Cr20.6vs 12.77.6%+14.3%
BirlanuOther Construction MaterialsBirlaNu to set up wholly owned digital platform subsidiary2 Nov 2026Scheme filed with the NCLT-5.6% — —₹1,225927 Cr—-1.7%+9.2%
JSW SteelIron & SteelPiombino Steel merger with JSW Steel becomes effective1 Nov 2026Scheme filed with the NCLT×2+5.7% — —₹1,3564.14 L Cr11.6vs 12.77.1%+20.7%
Shish IndustriesPlastic Products - IndustrialNational Company Law Tribunal directs vote on merger of two wholly owned companies31 Oct 2026Scheme filed with the NCLT-6.4% — —₹11.71494 Cr146.4vs 14.74.3%+7.2%
Taneja Aerospace & AviaAerospace & DefenseTAAL board approves Katra Auto merger effective April 202730 Oct 2026Scheme filed with the NCLT×2+0.3% — —₹315803 Cr47.8vs 75.613.4%-6.8%
Niyogin FintechNon Banking Financial Company (NBFC)Secured creditors review Niyogin composite scheme30 Oct 2026Scheme filed with the NCLT×2+2.9% — —₹45.69508 Cr——-19.8%
Pradeep MetalsAuto Components & EquipmentsNCLT approves Nami Capital amalgamation with Pradeep Metals29 Oct 2026Scheme filed with the NCLT-4.9% — —₹6261,082 Cr35.6vs 25.620.9%+4.5%
MTAR TechnologiesOther Electrical EquipmentTribunal sanctions merger of two wholly owned MTAR subsidiaries29 Oct 2026Scheme filed with the NCLT-8.3% — —₹5,73517,640 Cr132.2vs 22.112.4%+130.4%
TVS Motor Company2/3 WheelersTVS Motor buys Harita ARC and moves consumer finance business into it28 Oct 2026Demerger ratio announced×2+4.7% — —₹4,4402.11 L Cr55.1vs 36.610.5%+38.6%
Tilak VenturesInvestment CompanyBoard approves 7:3 split of commodities trading into Tilak Jewels27 Oct 2026Demerger ratio announced×20.0% — —₹1.27170 Cr2.7vs 20.44.1%-43.0%
Waaree EnergiesOther Electrical EquipmentWaaree acquires data centre arm; Q2 profit Rs 754 crore27 Oct 2026Scheme filed with the NCLT+1.9% — —₹2,44070,198 Cr19.0vs 22.110.2%+23.9%
EFC (I)Diversified Commercial ServicesNCLT sets 27 November 2026 final hearing for EFCIL demerger27 Oct 2026Scheme filed with the NCLT+1.0% — —₹1652,435 Cr8.3vs 14.78.8%+30.4%
Share Ind. SecuritiesStockbroking & AlliedTribunal approves revised start date for Silverleaf merger27 Oct 2026Scheme filed with the NCLT+0.9% — —₹1874,092 Cr8.1vs 16.2—+146.8%
Privi Speciality CheSpecialty ChemicalsPrivi shareholders approve merger of two private companies27 Oct 2026Scheme filed with the NCLT+3.0% -3.2% —₹3,26312,745 Cr34.2vs 21.812.2%+12.0%
Samvrdhna MTHRSN IntlAuto Components & EquipmentsNCLT approves Motherson group composite reorganisation26 Oct 2026Scheme filed with the NCLT+4.3% +8.6% —₹1671.76 L Cr37.3vs 25.64.2%+26.9%
P O C L EnterprisesCommodity ChemicalsPOCL shareholders to vote on Planetfirst Green amalgamation26 Oct 2026Scheme filed with the NCLT×4-3.1% +1.4% —₹114352 Cr8.1vs 17.325.7%—
Venmax Drugs and PharmaceuticaPharmaceuticalsShareholders approve Hatri Pharma amalgamation with Venmax26 Oct 2026Scheme filed with the NCLT-7.1% +1.7% —₹14.2316 Cr34.7vs 28.72.0%+104.9%
Ekam Leasing & Finance Co.ltd.Diversified Commercial ServicesAmalgamation hearing moved to 14 December 202626 Oct 2026Scheme filed with the NCLT+1.8% +10.0% —₹9.276 Cr——+394.1%
Mankind PharmaPharmaceuticalsBoard approves amalgamation of two wholly owned subsidiaries26 Oct 2026Scheme filed with the NCLT+13.1% +14.8% —₹2,5101.04 L Cr46.2vs 28.77.3%+17.3%
Agribio SpiritsBreweries & DistilleriesShareholders approve Agribiotech Industries amalgamation26 Oct 2026Scheme filed with the NCLT×2+0.3% +5.0% —₹311338 Cr78.9vs 26.81.8%-91.4%
Rudra EcovationOther Textile ProductsCross-holdings cancelled under effective Rudra-Shiva Texfabs amalgamation24 Oct 2026Scheme filed with the NCLT×3-3.9% -5.7% —₹17.99215 Cr—-1.9%-94.3%
Network18 Media & InvMedia & EntertainmentNCLT approves merger of News18 Marathi with Network18 Media23 Oct 2026Scheme filed with the NCLT+1.7% +12.6% —₹27.094,177 Cr—-2.5%+9.4%
Arisinfra SolutionsOther Construction MaterialsArisunitern merger: National Company Law Tribunal meeting on November 25, 202623 Oct 2026Scheme filed with the NCLT×3+6.9% +11.5% —₹1501,224 Cr16.5vs 31.17.1%+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% —₹71.991,100 Cr5.0vs 17.9——
Jindal StainlessIron & SteelBoard okays Q2 results, scheme to merge 4 wholly-owned subsidiaries22 Oct 2026Scheme filed with the NCLT-2.8% -4.2% —₹68756,606 Cr17.0vs 12.78.0%+18.2%
Shyam Metalics and EngyIron & Steel ProductsTribunal approves merger of wholly owned electrocast unit into Shyam Sel and Power22 Oct 2026Scheme filed with the NCLT-4.7% +1.2% —₹1,27235,411 Cr25.8vs 15.78.2%+33.7%
NBCCCivil ConstructionNBCC: Corrigendum to MCA order on HSCC merger scheme21 Oct 2026Scheme filed with the NCLT-5.0% +6.5% —₹80.5821,757 Cr27.5vs 13.813.5%+16.7%
Gocl CorporationExplosivesNCLT meeting on Nov 24 to approve HNPCL merger into GOCL21 Oct 2026Scheme filed with the NCLT×2-6.6% -7.8% —₹3351,658 Cr4.5vs 62.43.2%+85.0%
LactosePharmaceuticalsNCLT approves amalgamation of Vitanosh Ingredients into Lactose India21 Oct 2026Scheme filed with the NCLT-1.5% +8.9% —₹105132 Cr19.0vs 28.79.2%+18.7%
Dr. Agarwal's Eye HospHospitalMerger approved; share exchange record date fixed for November 1820 Oct 2026Scheme filed with the NCLT×2-3.1% +4.3% —₹5,4002,608 Cr36.7vs 44.614.3%+20.2%
Dr Agarwals Health CareHospitalNCLT amalgamation scheme effective Nov 1; share swap ratio 23:2; record date Nov 1820 Oct 2026Scheme filed with the NCLT+0.4% +8.1% —₹51417,078 Cr95.2vs 44.64.2%+31.4%
RECFinancial InstitutionREC gets NOC from NSE and BSE for merger with Power Finance Corp19 Oct 2026Scheme filed with the NCLT×2-0.4% -5.5% —₹29678,022 Cr5.2vs 14.9—-1.0%
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How this list is built

A company appears when an NSE/BSE filing inside the last 30 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.

MarketPing publishes facts, filings and measured history only — nothing on this page is investment advice, a recommendation or a rating.