Affle allots 17 lakh shares on warrant conversion to promoter entity

Warrants ConvertedFund Raising View source PDF Explain this filing

AFFLE · price

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

+0.5%Reaction day

₹1432.60

prior close

₹1437.40

announcement price

In-mkt

timing

Nifty Smallcap 250market-1.1%+1.7% vs market

IT Enabled Services peers, median of 80sector-1.9%+2.4% vs sector

On the reaction day the stock moved 1.7 pts more than Nifty Smallcap 250 and 2.4 pts more 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

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Sessions after the filingfrom the prior close

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Reaction day

+0.5-1.1+1.7-1.9+2.4

Next day

-2.4-3.4+1.0-3.4+1.0

-4.9-4.4-0.5-4.0-0.9

-7.5-7.1-0.4-7.2-0.3

-7.6-6.1-1.5-6.9-0.7

-5.3-4.0-1.3-5.9+0.6

-3.9-3.0-0.8-5.0+1.1

15d

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

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

AI summary

Affle 3i allotted 17,04,324 equity shares to promoter Affle Holdings Pte. Ltd. upon conversion of equal number of warrants at Rs. 1,115.25 per share. Paid-up capital rose to Rs. 28.52 crore (14.26 crore shares of Rs. 2 each). Further allotment pending for USD 14.99 million remitted, subject to currency conversion to INR.

Likely market impact

Promoter stake rises, causing mild dilution for existing shareholders. Reflects promoter commitment and capital infusion into the company.