Announced Mon, 6 Jul · 20:47 IST
Arcee Industries allots 2.13 crore convertible warrants at Rs 10.35
Fund Raising View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹15.25
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary
Arcee Industries board allotted 2,13,00,000 convertible warrants at Rs 10.35 each to 29 non-promoter allottees on a preferential basis, totaling about Rs 22.05 crore. Each warrant converts into 1 equity share of Rs 10 face value. Allottees paid 25% upfront, with balance 75% due on exercise within 18 months.
Likely market impact
Potential equity dilution on full conversion; up to Rs 22.05 crore raise possible if all warrants are exercised within 18 months.