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NCLT approves amalgamation of Sundaram Auto with TVS Motor

pre-market1 source ↓written by the desknot a recommendation

6 May 2026
in compliance
8 May 2026

The NCLT in Chennai has sanctioned the Scheme of Amalgamation of Sundaram Auto Components Limited with TVS Motor Company Limited as of 6 May 2026. This regulatory approval is crucial for TVS Motor, enhancing its operational capabilities and market position. The announcement was made on 8 May 2026 in compliance with SEBI regulations.

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 9 May 2026, 07:05 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

TVSMOTOR closed −2.2% on the day of the news, from ₹3,695.20 to ₹3,613.70; Nifty −1.5% over the same session; futures OI −1.3%.

Bulletin at 07:05 IST on 9 May 2026. Every change is measured from ₹3,695.20, the last close before it, on 8 May. Nifty 50 is measured over the same sessions.

  • TVSMOTOR close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
TVSMOTOR closes around the bulletin against the close before the news, with Nifty 50 rebased to it328336674051axis spans 23%before the news · 8 May3695Nifty 50TVSMOTORbulletinD0+1+3+54 May14 May25 MayFutures open interest, lotspeak 58,000Reference close ₹3,695.20. 16 sessions from 4 May to 25 May; the price axis spans 23 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 %
Before8 May₹3,695.20basebase
On the day11 May₹3,613.70▼ −2.2%▼ −1.5%−0.7 pp difference
+1 session12 May₹3,561.00▼ −3.6%▼ −3.3%−0.3 pp difference
+3 sessions14 May₹3,460.80▼ −6.3%▼ −2.0%−4.3 pp difference
+5 sessions18 May₹3,291.00▼ −10.9%▼ −2.2%−8.8 pp difference
Gap at the open, % · ₹
▼ −1.2%−44.34 on 11 May
Day's range, % · ₹
2.3%≈ 84 high to low
Volume on the day
0.63×the 20-session average
Futures OI on the day
▼ −1.3%−610 lots · long unwinding · price −2.2%
Futures OI open, lots
46,00011 May · 26 May expiry
Futures premium, ₹
+5.60+0.1% to spot
Puts per call, by OI
0.62from 0.63 the session before
Max pain
3,580from 3,560 the session before

Source NSE UDiFF bhavcopy · TVSMOTOR on the desk →

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