BSE listing approval received for 49.5 lakh preferential shares

Capital Market Events 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

₹64.92

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.6%+0.6% vs market

IT Enabled Services peers, median of 81sector-1.8%-0.2% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 0.2 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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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.0-2.6+0.6-1.8-0.2

Next day

-3.9-3.6-0.3-2.3-1.6

-5.9-5.8-0.0-5.5-0.4

-7.7-5.5-2.3-5.7-2.1

-7.7pendingpending-4.3-3.4

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15d

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UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 81Pending

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

AI summary

ACS Technologies received BSE listing approval for 49,50,495 equity shares of Rs 10 face value, issued at a Rs 30.40 premium to non-promoters on a preferential basis, pursuant to loan conversion. Trading approval is still pending; company must file NSDL/CDSL credit confirmations and shareholding pattern in XBRL before these shares can be traded on the exchange.

Likely market impact

Existing loans converted into equity, expanding share count by about 49.5 lakh shares and diluting existing shareholders. Shares not yet tradable.