Promoter Varalakshmi buys 2.25 crore shares via preferential allotment
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.0 pts more than its Biotechnology peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Promoter Varalakshmi Venkataraman acquired 2,25,00,000 shares through a preferential allotment. Her holding rose from 55,72,300 shares (12.31%) to 2,80,72,300 shares (14.32%), an effective gain of 2.01 percentage points. The issue expanded paid-up capital from Rs 45.25 crore to Rs 196.09 crore. No shares were pledged or encumbered.
The promoter's control increased, but the large issue diluted other shareholders and may reduce earnings per share if profits do not rise proportionately.