3i Infotech completes allotment of 3.77 crore rights shares

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3IINFOLTD · price

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Price reactionminutes from the announcement price · days from the prior close

-10.6%Reaction day

₹20.67

prior close

₹19.81

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%-11.1% vs market

Computers - Software & Consulting peers, median of 65sector+0.6%-11.2% vs sector

On the reaction day the stock moved 11.1 pts less than Nifty Microcap 250 and 11.2 pts less than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

+0.2

15m

-0.3

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-10.6+0.5-11.1+0.6-11.2

Next day

-17.1+0.3-17.3+0.2-17.2

-14.9-0.1-14.8+0.3-15.2

-15.4+1.0-16.4+0.4-15.8

-16.1+0.2-16.3-0.5-15.6

-17.9-1.5-16.4-1.1-16.8

-17.8-1.5-16.3-1.1-16.7

15d

-16.7-1.7-15.1-1.3-15.5

-18.1-3.1-15.1-0.9-17.3

-19.5-6.6-12.9-5.1-14.3

-25.3-12.3-13.1-12.3-13.0

UpDownMarket · Nifty Microcap 250Sector · Computers - Software & Consulting peers, median of 65Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The rights issue committee approved the allotment of 3,77,08,165 fully paid shares at Rs 17 each, including a Rs 7 premium over face value, raising Rs 64.10 crore. The offer received 1.47 times subscriptions before adjustments and 1.45 times after. Paid-up capital increased to Rs 207.39 crore from Rs 169.69 crore, while the share count rose to 20.74 crore from 16.97 crore.

Likely market impact

New shares equal about 22.2% of the pre-issue count, diluting non-participating holders. The Rs 64.10 crore raise adds cash for business growth.