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Kothari Petrochemicals approves merger with Kothari Sugars

after close1 source ↓written by the desknot a recommendation

as of March
₹24,678.07 lakh

The Board of Directors of Kothari Petrochemicals approved a merger with Kothari Sugars and Chemicals. This Scheme of Amalgamation aims to streamline operations and reduce costs. Financially, Kothari Sugars reported a net worth of ₹29,562.41 lakh and turnover of ₹24,678.07 lakh as of March 2026. The merger awaits regulatory approvals.

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 20 May 2026, 16:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

KOTHARIPET closed −1.5% on the day of the news, from ₹126.66 to ₹124.78; Nifty 0.0% over the same session.

Bulletin at 16:03 IST on 20 May 2026. Every change is measured from ₹126.66, the last close before it, on 20 May. Nifty 50 is measured over the same sessions.

  • KOTHARIPET close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
KOTHARIPET closes around the bulletin against the close before the news, with Nifty 50 rebased to it106.95126.66146.37axis spans 37%before the news · 20 May126.66Nifty 50KOTHARIPETbulletinD0+1+3+514 May26 May5 JunReference close ₹126.66. 16 sessions from 14 May to 5 Jun; the price axis spans 37 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 %
Before20 May₹126.66basebase
On the day21 May₹124.78▼ −1.5%0.0%−1.5 pp difference
+1 session22 May₹122.40▼ −3.4%▲ +0.3%−3.6 pp difference
+3 sessions26 May₹126.57▼ −0.1%▲ +1.1%−1.1 pp difference
+5 sessions29 May₹123.13▼ −2.8%▼ −0.5%−2.3 pp difference
Gap at the open, % · ₹
▲ +0.3%+0.43 on 21 May
Day's range, % · ₹
5.4%≈ 6.9 high to low
Volume on the day
0.96×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · KOTHARIPET on the desk →

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