Board approves subscribing to associate AGSPL rights issue

Strategic Transactions View source PDF Explain this filing

ATL · 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

+0.6%Reaction day

₹25.21

prior close

₹25.78

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+0.3% vs market

Port & Port services peers, median of 5sector+0.4%+0.1% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 0.1 pts more than its Port & Port 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

-1.8

10m

-1.8

15m

-1.9

30m

-2.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.6+0.3+0.3+0.4+0.1

Next day

-1.4-1.3-0.1-2.1+0.7

-3.5-0.3-3.2——

-3.1-0.6-2.6+1.0-4.2

-8.4-1.8-6.5+0.2-8.5

-3.9-1.8-2.1+0.1-4.0

+1.8-0.8+2.6-1.6+3.4

15d

+10.2-4.1+14.4-0.8+11.0

-5.6-9.4+3.8-2.9-2.7

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UpDownMarket · Nifty Microcap 250Sector · Port & Port services peers, median of 5Pending

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

AI summary

Allcargo Terminals board approved subscribing to 60 equity shares of associate Allcargo Group Services Pvt Ltd (AGSPL) via rights issue at about Rs 1,76,840 per share, totaling about Rs 1.06 crore. The subscription maintains the existing 25 percent stake in AGSPL, which acts as a shared services platform for group entities. Cash consideration, completion by October 2026. AGSPL had nil turnover in last 3 years.

Likely market impact

Minor cash outlay of about Rs 1.06 crore to maintain existing 25 percent holding in associate; neutral impact on shareholders.