Announced Wed, 17 Jun · 17:30 IST
NSE and BSE approve listing of 10.6 lakh preferential shares to non-promoters
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AVROIND · price
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Price reaction · full curve 14 horizons · vs prior close
-1.5%1-day move
₹10.34
prior close
₹10.48
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1-0.2-1.3-0.5-1.5-1.4-1.8-0.6-3.1-0.5-6.4-10.3——
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AI summary
Avro India has received in-principle approval from NSE and approval from BSE for listing of 10,60,900 equity shares of Rs 10 each, issued to non-promoters on a preferential basis. The NSE approval was granted on June 15, 2026 and the BSE approval on June 17, 2026. Once listed, these shares will increase the total share count and may lead to dilution for existing shareholders.
Likely market impact
Existing shareholders may see dilution as 10.6 lakh new equity shares are set to list on NSE and BSE shortly.