Revised EGM Notice for Preferential Share and Warrant Issue

Warrants ConvertedFund Raising View source PDF Explain this filing

Price

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

+1.5%Reaction day

₹9.75

prior close

₹9.69

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.7%+3.2% vs market

Commodity Chemicals peers, median of 59sector-1.7%+3.2% vs sector

On the reaction day the stock moved 3.2 pts more than Nifty Microcap 250 and 3.2 pts more than its Commodity Chemicals 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

-5.1

10m

-5.1

15m

-5.1

30m

-5.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.5-1.7+3.2-1.7+3.2

Next day

-2.1-4.2+2.2-4.6+2.5

-5.1-5.2+0.1-5.9+0.7

-5.6-7.4+1.8-7.5+1.8

-3.8-7.0+3.3-7.2+3.4

-3.8-5.5+1.7-6.9+3.1

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15d

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UpDownMarket · Nifty Microcap 250Sector · Commodity Chemicals peers, median of 59Pending

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

AI summary

Revised EGM notice for 6 Nov 2026 corrects a typo in allottee name (Brijlaxmi Infotech Ltd instead of Brijlaxmi Leasing). Three proposals: 96 lakh shares to promoter group for converting Rs 9.6 crore unsecured loan, 1 crore convertible warrants to promoter group for Rs 10 crore cash (25 percent upfront, 75 percent on exercise in 18 months), and 40 lakh shares to public shareholders for Rs 4 crore cash. All at par (Rs 10 per share).

Likely market impact

Shareholders will vote on large capital raise via preferential issue, including debt-to-equity conversion and warrant issue, which will dilute existing holdings.