Preferential issue of up to 567,491 shares at INR 169.85

Fund Raising View source PDF Explain this filing

Price

Loading chart…

▲ 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

-3.5%Reaction day

₹336.00

prior close

₹308.95

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+2.2%-5.6% vs market

Gems, Jewellery And Watches peers, median of 40sector+0.8%-4.3% vs sector

On the reaction day the stock moved 5.6 pts less than Nifty Microcap 250 and 4.3 pts less than its Gems, Jewellery And Watches 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

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.5+2.2-5.6+0.8-4.3

Next day

+1.4pendingpending+1.7-0.4

+2.7pendingpending+0.9+1.8

—————

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Gems, Jewellery And Watches peers, median of 40Pending

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

AI summary

Following shareholder approval on September 29, 2026, the company will issue up to 567,491 equity shares at INR 169.85 each, including a premium of INR 159.85 per share, subject to in-principle BSE approval. This is one share less than the approved maximum of 567,492 and would raise about INR 9.64 crore before costs.

Likely market impact

Existing shareholders face dilution if the shares are allotted. The company could receive about INR 9.64 crore, but the issue may weigh on sentiment.