Please Find Attached Announcement under Reg 30 SEBI (LODR) Regulations,2015

Strategic Transactions View source PDF Explain this filing

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

-2.0%Reaction day

₹475.40

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.6%-1.4% vs market

Gems, Jewellery And Watches peers, median of 32sector-0.0%-2.0% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Microcap 250 and 2.0 pts less than its Gems, Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

-2.0-0.6-1.4-0.0-2.0

Next day

-4.0-0.7-3.2-0.1-3.9

-5.9-0.8-5.1-0.6-5.3

-7.8-1.0-6.7-0.4-7.3

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-7.8-2.9-4.9-1.2-6.7

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-21.2-6.8-14.4-5.0-16.2

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-25.8-2.3-23.5-2.4-23.4

-3.7-4.6+1.0-6.7+3.0

UpDownMarket · Nifty Microcap 250Sector · Gems, Jewellery And Watches peers, median of 32Pending

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

AI summary

Ceenik Exports sold its office property at Peninsula Tower 1, Lower Parel, Mumbai to Silversands Trading Pvt. Ltd for Rs. 16.92 crore on October 18, 2024. Subsequently, on October 21, 2024, the company infused Rs. 17 crore into its derivatives business, with Rs. 16.92 crore coming from the property sale proceeds and Rs. 8 lakhs from internal accruals. The company states the capital infusion is aimed at strengthening and expanding its derivatives operations. The disclosure was filed under Regulation 30 of SEBI LODR Regulations, 2015, and signed by Managing Director Narain Nanik Hingorani.

Likely market impact

The asset sale and reinvestment into the derivatives segment signals a strategic pivot or expansion in the trading/derivatives business. Shareholders should note the company's increased exposure to the derivatives segment, though the overall capital deployed is modest at Rs. 17 crore.