BSEComfort Fincap LtdLowNeutral
Announced Tue, 7 Jul · 18:00 IST

Trading approval received for 80.5 lakh preferential shares

Capital Market Events View source PDF

Price

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▲ 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
-2.5%1-day move
₹7.50
prior close
₹7.54
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5-2.5-2.3-2.8-2.4-2.0-4.4
Up moveDown movePending
AI summary

Comfort Fincap Ltd has received BSE trading approval for 80,50,000 equity shares of face value Rs 2 each, issued on a preferential basis at a premium of Rs 7 per share, taking the total issue price to Rs 9 per share. The shares will now be tradable on the exchange, expanding the company's share capital and causing dilution for existing shareholders.

Likely market impact

New preferential shares now tradable on BSE, increasing supply and diluting existing holders. May put short term pressure on share price.