BirlaNu: Sanction of Scheme of Amalgamation between Clean Coats Private Limited with BirlaNu Limited and their…
BirlaNu (BIRLANU) filed a disclosure titled "Sanction of Scheme of Amalgamation between Clean Coats Private Limited with BirlaNu Limited and their respective Members". The company is valued at about ₹1,049 crore.
What happened
BirlaNu (BIRLANU) filed a disclosure with the exchanges on 6 October 2026 at 10:36 PM titled "Sanction of Scheme of Amalgamation between Clean Coats Private Limited with BirlaNu Limited and their respective Members".
Company snapshot
BirlaNu is a small-cap company, with a market value of about ₹1,049 crore.
The stock last traded at ₹1,391.2, against a 52-week range of ₹1,190.1–₹1,999 (30.4% below the high).
Before this filing the shares had moved −3.2% over the month and +2.0% over three months. Average daily turnover over the last 20 sessions was about ₹1.26 crore.
Promoters held 40.57% at the end of Q1 FY27. Foreign institutions owned 2.74% and domestic institutions 0.08%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,052 | -1.3 | -1.75 |
| Q2 FY26 | 810 | -42.9 | -56.84 |
| Q3 FY26 | 858 | -53 | -70.32 |
| Q4 FY26 | 1,010 | -22.4 | -29.64 |
| Q1 FY27 | 1,174 | 9.4 | 12.47 |
What history shows
This is not the company's first m&a disclosure: BCEIE has 1 earlier filing of this kind on record since May 2026.
Market-wide, 1,975 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.