Announced Tue, 13 Oct, 2026 · 19:17 IST

EGM on 4 Nov to approve fresh warrant issue worth about Rs 11.19 crore

Board & Shareholder Meetings View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-2.9%Reaction day

₹70.00

prior close

₹67.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-3.6% vs market

Iron & Steel Products peers, median of 107sector+0.6%-3.4% vs sector

On the reaction day the stock moved 3.6 pts less than Nifty Microcap 250 and 3.4 pts less than its Iron & Steel Products 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

+9.0

10m

+9.0

15m

+9.0

30m

+9.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.9+0.7-3.6+0.6-3.4

Next day

+2.1-1.0+3.1-0.3+2.4

+0.0-0.3+0.3-0.2+0.2

+0.0-1.9+1.9-1.6+1.6

+0.0-4.5+4.5-3.7+3.7

+3.9-5.5+9.3-4.7+8.6

+0.7-7.3+8.0-8.1+8.8

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 107Pending

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

AI summary

Ecofinity Atomix will hold an EGM on 4 Nov 2026 at 4 PM via video conferencing. Shareholders will vote on cancelling a September 2026 resolution for 23.9 lakh warrants (no warrants were actually issued) and approving a fresh preferential issue of 15.87 lakh convertible warrants at Rs 70.50 each, raising about Rs 11.19 crore. Proceeds: 70% for solar power plant, 30% for working capital. Cut-off date: 28 Oct 2026.

Likely market impact

Fresh fundraise at Rs 70.50 per warrant may dilute existing shareholders. Promoters participating signals confidence.