Announced Fri, 14 Aug · 22:21 IST
No deviation in use of warrant funds raised via preferential issue
AVROIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+7.7%1-day move
₹8.29
prior close
₹8.55
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2-1.2-1.2-1.9+7.7+8.6+12.2+1.4+7.7+9.8+3.4-4.8——
Up moveDown movePending
AI summary
AVRO India filed a nil deviation statement for the quarter ended 30 June 2026 on funds raised through preferential issue of warrants. Rs 101.25 lakh was raised on 18 April 2026 via conversion of 106,090 warrants into equity shares. Separately, about Rs 1.35 crore was forfeited and 4,24,361 warrants lapsed because allottees did not pay the balance amount. Audit Committee reviewed and confirmed funds are being used as per the original objects.
Likely market impact
Positive compliance signal. No misuse of raised funds. Warrants lapsing and amounts being forfeited shows strict monitoring of the preferential issue.