Board allots 18 lakh convertible warrants to non-promoter entity at Rs 30 each

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

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Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-2.8% vs market

Computers - Software & Consulting peers, median of 65sector-1.2%-1.8% vs sector

On the reaction day the stock moved 2.8 pts less than Nifty Microcap 250 and 1.8 pts less than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

-3.0-0.1-2.8-1.2-1.8

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+2.5+0.7+1.8-1.2+3.7

+2.0+2.3-0.3-1.4+3.4

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UpDownMarket · Nifty Microcap 250Sector · Computers - Software & Consulting peers, median of 65Pending

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

AI summary

Alphalogic Techsys board allotted 18,00,000 convertible warrants to Vivaro Enterprises (non-promoter) at Rs 30 per warrant (including Rs 25 premium, face value Rs 5) via preferential allotment. 25 percent upfront received at allotment; balance 75 percent payable on conversion within 18 months. Full conversion would give Vivaro a 2.79 percent stake in the company.

Likely market impact

Possible equity dilution of up to 2.79 percent if warrants convert. Potential fresh inflow of about Rs 5.4 crore on full exercise.