In-principle approval for preferential issue to promoters via loan conversion

Fund Raising View source PDF Explain this filing

ALMONDZ · 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

-0.2%Reaction day

₹12.95

prior close

₹12.96

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-0.7% vs market

Stockbroking & Allied peers, median of 37sector-0.3%+0.1% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.1 pts more than its Stockbroking & Allied 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

-0.1

10m

+0.1

15m

+0.1

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.2+0.4-0.7-0.3+0.1

Next day

+0.3+1.8-1.4-0.6+0.9

-3.1+0.5-3.6-1.4-1.7

+16.4+0.9+15.5-1.2+17.5

+9.7+0.3+9.3-1.6+11.2

+13.9+1.4+12.5-0.8+14.7

+6.6+3.2+3.3-0.4+6.9

15d

+12.0+5.4+6.6-1.1+13.0

+9.7+6.4+3.3-3.0+12.6

+54.4+6.3+48.1-1.5+55.9

+25.1-3.6+28.7-11.5+36.6

UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 37Pending

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

AI summary

Almondz Global Securities received in-principle approval from BSE and NSE for issuing 1.63 crore equity shares at not less than Rs 15.32 each to promoters on preferential basis. Shares are being issued against conversion of Rs 25 crore unsecured loan from promoters into equity. Allotment and listing still pending.

Likely market impact

Promoter loan converting to equity reduces debt and signals confidence, but will dilute existing shareholders upon allotment.