Borosil Renewables allots 3.09 lakh shares on warrant conversion

Warrants convertedFund Raising View source PDF Explain this filing

BORORENEW · price

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Price reactionminutes from the announcement price · days from the prior close

-1.4%Reaction day

₹631.50

prior close

₹607.05

announcement price

In-mkt

timing

Nifty Microcap 250market+0.6%-2.0% vs market

Industrial Products peers, median of 321sector · industry level+0.0%-1.4% vs sector

On the reaction day the stock moved 2.0 pts less than Nifty Microcap 250 and 1.4 pts less than its Industrial Products 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

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+0.2

15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-1.4+0.6-2.0+0.0-1.4

Next day

-2.3+0.2-2.5+0.0-2.3

-4.4-0.9-3.5-0.3-4.1

-5.7-0.3-5.4-0.1-5.6

-5.9+0.0-5.9-0.3-5.6

-6.4-1.1-5.3-0.9-5.5

-7.9-1.4-6.5-1.0-6.9

15d

-11.4+2.7-14.0+0.0-11.4

-9.4+3.6-13.0+1.0-10.4

-26.8+2.0-28.8-0.8-26.0

-32.1+1.1-33.2-0.9-31.3

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 321Pending

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

AI summary

Borosil Renewables has allotted 3,09,057 equity shares upon conversion of warrants issued on preferential basis in February 2025. Each warrant was priced at Rs 530, with 75 percent balance payment of Rs 397.50 paid at conversion. Total warrants originally issued were 78,80,436 to non-promoter allottees. Paid up capital stands at Rs 14.05 crore, divided into 14.05 crore shares of Re 1 each.

Likely market impact

Minor equity dilution of about 3.09 lakh shares from earlier preferential warrant issue. Share count rises slightly.