ARBITRAGE on Merger -demerger ( when both cos are listed)

(1) 10 Ujjivan financial services will become 116 Ujjivan small finance bank on MERGER.
(2) 52 Kesoram will ADD 1 Ultratech on part demerger . both companies will remain listed .
(3) 100 IDFC will be 155 IDFC BANK on MERGER.
(4) 10 Inox wind energy will be 158 Inox wind .
(5) 46 Ador fontech will be 5 Ador welding

EXCELLENT arbitrage cases with RISK being no timeline and market behavior and yes there has been 5-7 cases where the merger was called off/failed.

29.02.2024 NCLT order is kept reserved in merger case of UJJIVAN financial services