Announced Mon, 19 Oct, 2026 · 12:37 IST

EGM voting results: Preferential warrant issue to promoters rejected

Board & Shareholder Meetings View source PDFExplain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+2.3%Reaction day
₹202.35
prior close
₹195.00
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-1.7%+4.0% vs market
Healthcare Service Provider peers, median of 27sector-1.6%+3.9% vs sector

On the reaction day the stock moved 4.0 pts more than Nifty Microcap 250 and 3.9 pts more than its Healthcare Service Provider 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
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+2.1
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+2.3-1.7+4.0-1.6+3.9
Next day
+8.6-4.2+12.8-1.8+10.4
2d
+3.8-5.2+9.0-2.4+6.1
3d
+3.8-7.4+11.2-4.2+8.0
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+5.8-7.0+12.8-2.6+8.4
5d
+6.3pendingpending-1.5+7.8
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UpDownMarket · Nifty Microcap 250Sector · Healthcare Service Provider peers, median of 27Pending

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

AI summary

EGM held on 17 Oct 2026 via video conferencing. The special resolution to issue convertible warrants on preferential basis to promoter and promoter group was REJECTED. Out of 13,17,555 votes polled, 99.46% voted against (13,10,467) and only 0.54% in favor (7,088). Promoters holding 21,92,754 shares abstained from voting. Total 3,871 shareholders on record date. Scrutinizer: Surabhi Agrawal, PCS.

Likely market impact

Promoters' preferential warrant allotment defeated by 99.46% vote against. Signals strong rejection by public shareholders; fundraise plan stalled.