Announced Sat, 11 Jul · 11:40 IST
Promoter group converts 5 lakh warrants into equity shares
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
-7.9%1-day move
₹13.55
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-7.9-8.2-14.5-12.3-5.5-0.4————
Up moveDown movePending
AI summary
Vachi Commercial LLP, part of the promoter group, converted 5,00,000 convertible warrants into equity shares on 8 July 2026 via preferential allotment. The acquirer's voting shareholding rose from 8.70 percent to 10.18 percent, while total promoter group holding rose to 1,19,66,686 shares (around 38.66 percent). Total equity capital of the company increased to 3,09,53,000 shares of Rs 2 face value.
Likely market impact
Promoter group stake rises by 1.62 percent through warrant conversion, strengthening promoter control. No fresh cash from market.