Announced Thu, 2 Jul · 18:15 IST
BCCL converts 1.98 lakh warrants into equity shares at Rs 134 each
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
-1.4%1-day move
₹43.31
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.4+2.4+1.6+1.4+3.0+0.4-4.2———
Up moveDown movePending
AI summary
Bhatia Colour Chem converted 1,98,400 warrants into equity shares at Rs 134 each (including Rs 124 premium), allotted to four promoter group members on preferential basis. Total consideration received: Rs 1.99 crore. Each allottee received 49,600 shares, raising individual holding from 4.24 percent to 4.53 percent. Paid-up capital rose to Rs 14.34 crore across 1.43 crore shares. About 22.96 lakh warrants remain unconverted after today's deadline.
Likely market impact
Minor dilution for existing shareholders. Promoter group stake rises slightly. Pending unconverted warrants may be forfeited after deadline lapses.