Board okays Rs 180 cr warrants to promoter group, Rs 1500 cr NCDs and ESOP

Fund Raising View source PDF Explain this filing

BRIGADE · price

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

-1.2%Reaction day

₹561.20

prior close

₹571.00

announcement price

After-mkt

timing

Nifty Smallcap 250market+0.1%-1.2% vs market

Residential Commercial Projects peers, median of 66sector-0.6%-0.5% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Smallcap 250 and 0.5 pts less than its Residential Commercial Projects 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

-1.5

10m

-2.0

15m

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30m

-2.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.2+0.1-1.2-0.6-0.5

Next day

+0.9-0.5+1.4-1.3+2.1

+0.1-0.4+0.6-1.1+1.2

+1.3+0.0+1.3-1.1+2.4

-3.2-1.3-1.9-1.7-1.5

-5.6-2.5-3.1-2.8-2.9

-2.8-1.5-1.3-2.3-0.5

15d

+2.6+1.4+1.2-2.7+5.3

+5.5+1.2+4.3-0.9+6.4

+11.8-1.3+13.1-9.3+21.2

+2.5-2.5+5.0-9.1+11.5

UpDownMarket · Nifty Smallcap 250Sector · Residential Commercial Projects peers, median of 66Pending

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

AI summary

Brigade Enterprises board approved issuing 34.23 lakh convertible warrants at Rs 526 each (face value Rs 10, premium Rs 516) to promoter group entity Mysore Holdings, raising about Rs 180 crore. Post-issue promoter holding rises from 2.57% to 3.58%. Board also approved NCDs of up to Rs 1500 crore on private placement, a new ESOP 2026 plan, final dividend of Rs 2 per share (record date August 5, 2026). AGM set for August 13, 2026.

Likely market impact

Promoter infusion of about Rs 180 cr signals confidence, while Rs 1500 cr NCD plan may lift debt. Rs 2 per share dividend confirmed.