Affle 3i allots 12.77 lakh shares on warrant conversion to promoter
AFFLE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts less than Nifty Smallcap 250 and 1.1 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.
Minute windows have no benchmark: there is no intraday index history to compare against.
Affle 3i allotted 12,77,155 equity shares to promoter Affle Holdings Pte. Ltd. on conversion of equal warrants at Rs 1,487 per share. So far 30,16,443 of 74,00,000 warrants have been converted, with around Rs 611.50 crore received so far. Paid-up capital rises to 14,38,95,827 equity shares of Rs 2 each.
Promoter stake increases; small equity dilution for existing public shareholders from new share issuance.