Announced Wed, 15 Jul · 14:16 IST
Borosil Renewables allots 3.09 lakh shares on warrant conversion
BORORENEW · 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
-2.3%1-day move
₹631.50
prior close
₹607.05
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.2+0.5+1.7-2.3-4.4-5.7-5.9-6.4-7.9————
Up moveDown movePending
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.