As detailed in the attached document

Corporate Actions View source PDF Explain this filing

AVANTEL · price

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▲ 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

-4.3%Reaction day

₹113.00

prior close

₹109.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-5.6% vs market

Aerospace & Defense peers, median of 19sector+1.3%-5.6% vs sector

On the reaction day the stock moved 5.6 pts less than Nifty Microcap 250 and 5.6 pts less than its Aerospace & Defense 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

+0.5

10m

+0.1

15m

+0.9

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.3+1.3-5.6+1.3-5.6

Next day

-6.2+0.4-6.6-0.1-6.1

-6.2+0.3-6.6+2.9-9.1

-2.5+5.0-7.4+5.7-8.2

+1.0+6.7-5.6+10.3-9.2

+4.0+8.4-4.4+14.8-10.8

+8.8+10.3-1.6+22.0-13.2

15d

+30.4+12.8+17.5+29.3+1.1

+43.5+16.0+27.5+29.0+14.6

+42.0+16.9+25.1+34.7+7.3

+15.1+12.5+2.6+17.3-2.1

UpDownMarket · Nifty Microcap 250Sector · Aerospace & Defense peers, median of 19Pending

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

AI summary

Avantel Limited has filed the Letter of Offer with BSE and NSE for its proposed Rights Issue. The company plans to issue up to 2,02,26,100 fully paid-up equity shares of face value Rs. 2 each at an issue price of Rs. 40 per share (including a premium of Rs. 38), aggregating up to Rs. 8,090.44 lakhs assuming full subscription. Eligible shareholders will get 10 Rights Equity Shares for every 121 shares held as on the record date of May 7, 2025. The issue opens on May 15, 2025 and closes on May 28, 2025, with allotment expected on or about May 29, 2025. The Letter of Offer has been filed under SEBI ICDR Regulations, and the company has received in-principle listing approvals from both BSE and NSE.

Likely market impact

Shareholders on record as of May 7, 2025 are eligible to subscribe at Rs. 40 per share; the 10:121 ratio implies a modest ~8.3% potential dilution. Existing investors who do not subscribe or renounce their rights entitlements will see their proportionate ownership reduce after the issue.