Announced Mon, 29 Jun · 17:03 IST
Almondz Global allots 80 lakh convertible warrants to public category investor
Fund Raising View source PDF
ALMONDZ · 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
+2.4%1-day move
₹12.76
prior close
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base price
After-mkt
timing
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————+2.4+2.4+4.8+5.3+7.3+3.5+2.0———
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AI summary
Almondz Global Securities has allotted 80 lakh fully convertible warrants to Ms. Nandakumar Padma, a public category individual investor, at Rs. 16.58 per warrant on a preferential basis. Total issue value is about Rs. 13.26 crore. 25 percent of the price has been received now; balance 75 percent is payable within 18 months before conversion into equity shares of Rs. 1 face value. Paid-up share capital will change only upon conversion.
Likely market impact
Possible equity dilution in 18 months if warrants convert; small capital raise from a single public investor. Neutral to mildly positive.