Allotment of shares via share swap for InfrariskSG acquisition
AURIONPRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 1.7 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Aurionpro Solutions has allotted 48,134 equity shares at Rs. 1,454.30 each on a preferential basis for consideration other than cash. Shares were issued to two non-resident individuals to acquire 17.34 percent stake in Singapore-based InfrariskSG Pte. Ltd. Total deal value is about Rs. 7 crore. Post-allotment paid-up equity capital rises to Rs. 55.26 crore comprising 5.52 crore shares.
Share swap acquisition grows international footprint without cash outflow. Minor dilution of about 0.09 percent from new shares issued.