BSEArcee Industries LtdHighNeutral
Announced Mon, 6 Jul · 20:42 IST

Arcee Industries allots 2.13 crore convertible warrants

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
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+4.3
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AI summary

Arcee Industries has allotted 2.13 crore convertible warrants. Warrants give holders the right to convert them into equity shares at a later date at a fixed price. This is a fundraising move that may bring capital to the company once warrants are exercised and converted into shares.

Likely market impact

Potential equity dilution once warrants are converted. Near term impact depends on the conversion price and who the allottees are.