Announced Tue, 4 Aug · 19:44 IST
Postal ballot for preferential issue to convert Rs 20 Cr loan into equity
ACSTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+9.4%1-day move
₹42.22
prior close
₹44.32
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.8-0.3-1.0-0.7+9.4+8.1+19.8+20.8+18.8+18.4+18.4+28.9——
Up moveDown movePending
AI summary
ACS Technologies is seeking shareholder approval via postal ballot to issue up to 49,50,495 equity shares at Rs 40.40 each (including Rs 30.40 premium) to Adiniya Investments Private Limited, aggregating Rs 20 crore, through conversion of an outstanding unsecured loan. E-voting runs from Aug 5 to Sept 3, 2026. Post-issue the allottee will hold 6.66 percent. There will be no change in management or control.
Likely market impact
Debt-to-equity conversion cuts liabilities and improves debt-equity ratio with no cash outflow. Expect around 6.66 percent dilution for existing holders.