Announced Mon, 20 Jul · 16:26 IST
Anand Rayons allots 4.38 lakh shares on warrant conversion to promoters
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
-3.6%1-day move
₹54.98
prior close
₹53.99
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.9+0.6—+0.2-3.6-3.6-8.1-9.1——————
Up moveDown movePending
AI summary
Anand Rayons converted 4,38,463 warrants into equity shares at Rs 78 each (including Rs 68 premium), allotted to three promoter group members. Balance payment of Rs 2.57 crore received at Rs 58.50 per warrant. Paid-up capital now stands at Rs 21.91 crore across 2.19 crore shares. About 19.38 lakh warrants remain pending conversion.
Likely market impact
Slight dilution of 4.38 lakh shares via warrant conversion. Promoters paid the balance 75 percent under earlier commitment, so cash impact limited.