India, Oct. 6 -- Kothari Sugars and Chemicals has received a favorable NCLT order for its proposed merger with Kothari Petrochemicals, moving the scheme into the next stage of approvals. The development could reshape the company's structure and potentially improve its operational and financial flexibility.

Shares of Kothari Sugars and Chemicals Limited were trading at around Rs. 26.45 per share on October 6, 2026. With a market capitalization of approximately Rs. 216 crore, the stock is up by 2.40% from the previous day's closing of Rs. 25.83. The stock's P/E stood at around 39x.

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Merger Update The Kothari Sugars company made an announcement on O...