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ManufacturingMedium impactPre-market

Kirloskar Ferrous Industries gets NCLT nod for merger scheme

pre-market1 source ↓written by the desknot a recommendation

dated
17 Mar 2026

Kirloskar Ferrous Industries Limited has secured NCLT approval for its merger scheme involving two wholly-owned subsidiaries. The tribunal's order, dated 17 Mar 2026, allows for the dispensation of meetings for equity shareholders and creditors of the involved entities, streamlining the consolidation process.

This regulatory approval is expected to enhance operational efficiency and may positively impact investor sentiment in the sector.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 19 Mar 2026, 07:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

KIRLOSIND closed −2.7% on the day of the news, from ₹2,808.60 to ₹2,733.40; Nifty −3.3% over the same session.

Bulletin at 07:04 IST on 19 Mar 2026. Every change is measured from ₹2,808.60, the last close before it, on 18 Mar. Nifty 50 is measured over the same sessions.

  • KIRLOSIND close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
KIRLOSIND closes around the bulletin against the close before the news, with Nifty 50 rebased to it232228093295axis spans 42%before the news · 18 Mar2809Nifty 50KIRLOSINDbulletinD0+1+3+512 Mar24 Mar7 AprReference close ₹2,808.60. 16 sessions from 12 Mar to 7 Apr; the price axis spans 42 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before18 Mar₹2,808.60basebase
On the day19 Mar₹2,733.40▼ −2.7%▼ −3.3%+0.6 pp difference
+1 session20 Mar₹2,735.80▼ −2.6%▼ −2.8%+0.2 pp difference
+3 sessions24 Mar₹2,740.30▼ −2.4%▼ −3.6%+1.2 pp difference
+5 sessions27 Mar₹2,601.30▼ −7.4%▼ −4.0%−3.4 pp difference
Gap at the open, % · ₹
▼ −3.0%−83.70 on 19 Mar
Day's range, % · ₹
4.4%≈ 120 high to low
Volume on the day
0.98×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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