Cineline India allots 38.46 lakh shares on warrant conversion

Warrants ConvertedFund Raising View source PDF Explain this filing

CINELINE · price

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

+7.6%Reaction day

₹81.00

prior close

₹83.02

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%+6.5% vs market

Film Production Distribution & Exhibition peers, median of 5sector-0.2%+7.8% vs sector

On the reaction day the stock moved 6.5 pts more than Nifty Microcap 250 and 7.8 pts more than its Film Production Distribution & Exhibition 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

-0.0

10m

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15m

-0.0

30m

-2.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+7.6+1.1+6.5-0.2+7.8

Next day

+9.9+2.4+7.4-1.9+11.7

+10.5+2.9+7.6-2.1+12.6

+11.0+4.2+6.8-0.4+11.4

+12.2+4.6+7.6+0.5+11.7

+12.3+4.6+7.7-0.3+12.7

+8.7+4.4+4.3-0.0+8.7

15d

+8.6+5.7+2.9-0.8+9.5

+8.8+6.6+2.2-2.0+10.8

+6.8+5.4+1.4-11.1+17.9

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UpDownMarket · Nifty Microcap 250Sector · Film Production Distribution & Exhibition peers, median of 5Pending

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

AI summary

Cineline India allotted 38,46,153 equity shares (Rs 5 face value) on conversion of equal warrants at Rs 87.75 per share, receiving about Rs 33.75 crore. Warrants were issued on 3 Feb 2025 at Rs 117 each. Allottees include 4 promoter group entities and non-promoter Utpal Sheth, who gets 4.49 percent stake. Paid-up capital rises to Rs 19.06 crore with 3,81,12,587 shares.

Likely market impact

Share dilution of about 11 percent from new shares. Promoters and Utpal Sheth raise stakes. No fresh capital, only conversion of existing warrants.