ACS Technologies allots 49.5 lakh shares on preferential basis

Fund Raising View source PDF Explain this filing

ACSTECH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-2.0%Reaction day

₹77.85

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%-2.0% vs market

IT Enabled Services peers, median of 80sector-0.6%-1.4% vs sector

On the reaction day the stock moved 2.0 pts less than Nifty Microcap 250 and 1.4 pts less than its IT Enabled Services 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.0+0.0-2.0-0.6-1.4

Next day

-3.9+1.3-5.3+0.2-4.1

-5.9+1.1-6.9+0.0-5.9

-7.7-1.7-6.0-0.7-7.1

-9.6-1.4-8.1-0.7-8.9

-11.4-0.6-10.8-2.0-9.4

-14.9+0.3-15.2-0.5-14.4

15d

-23.1-6.1-17.0-5.6-17.5

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UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 80Pending

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

AI summary

ACS Technologies allotted 49,50,495 equity shares at INR 40.40 each (including INR 30.40 premium over face value of INR 10) on preferential basis to Adiniya Investments Private Limited, a non-promoter public shareholder. Paid-up capital rises to about INR 74.39 crore (7.43 crore shares). The allottee now holds 6.66 percent of the company.

Likely market impact

Dilution of about 6.66 percent for existing shareholders; shares issued at premium to face value.