Announced Thu, 16 Jul · 24:18 IST
Rights Issue Rs 50 Cr Approved; Q1 FY27 Results, Software Deals
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
+10.1%1-day move
₹8.53
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+10.1+15.5+21.2+27.2+27.1+26.6————
Up moveDown movePending
AI summary
Board approved a rights issue of equity shares up to Rs 50 crore to existing shareholders. Q1 FY27 revenue rose to Rs 55 lakh from Rs 6.70 lakh YoY, with profit after tax of Rs 52.40 lakh vs Rs 0.77 lakh. Company to acquire software rights for 'Ready Shopping' and 'Ready Pharmacy' from OCAL for Rs 53.99 lakh plus 0.5 percent revenue royalty. New CS and two Independent Directors appointed. Related party lease with DCPL approved.
Likely market impact
Rights issue may dilute existing shareholders; Q1 FY27 shows strong revenue and profit turnaround after prior losses.