35th AGM approves warrants issue, CEO pay and related party deals

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

+1.2%Reaction day

₹1.65

prior close

₹1.66

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+1.5% vs market

Non Banking Financial Company (NBFC) peers, median of 215sector+0.0%+1.2% vs sector

On the reaction day the stock moved 1.5 pts more than Nifty Microcap 250 and 1.2 pts more than its Non Banking Financial Company (NBFC) 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

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10m

-0.6

15m

-0.6

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.2-0.3+1.5+0.0+1.2

Next day

-1.2-1.5+0.3-0.4-0.9

-1.2-1.5+0.3-0.4-0.8

-2.4-0.2-2.2-0.8-1.7

-3.6-0.5-3.1-0.4-3.2

-4.2-3.2-1.0-1.9-2.3

-2.4-2.2-0.3-1.4-1.1

15d

-3.6-9.5+5.8-5.3+1.7

-1.8pendingpending-4.3+2.5

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 215Pending

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

AI summary

35th AGM held on Sep 30, 2026 via video conferencing. Five resolutions passed: adoption of FY26 audited financials, re-appointment of Pravin Gala as director (retiring by rotation), issuance of convertible warrants on preferential basis, approval of remuneration for CEO and MD Siddharth Gala, and approval of material related party transactions.

Likely market impact

Preferential warrant issuance may dilute equity. CEO remuneration and material related party deals approved by shareholders.