Announced Mon, 15 Jun · 14:34 IST
Listing approval for 80.5L shares on preferential basis via warrant conversion
Capital Market Events View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.2%1-day move
₹7.30
prior close
₹7.28
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.3+1.8+1.2+3.2+0.0+0.7-4.1-4.1+2.7+0.7——
Up moveDown movePending
AI summary
Comfort Fincap received BSE listing approval for 80,50,000 equity shares (face value Rs. 2) issued at a premium of Rs. 7 per share on a preferential basis to Promoters and Non-Promoters pursuant to conversion of warrants. Total funds raised approximately Rs. 7.25 crore. The new shares will now be listed and tradable on BSE.
Likely market impact
Listing of 80.5L new shares will dilute existing shareholders and increase float, potentially weighing on short-term stock price.