Announced Thu, 23 Jul · 17:06 IST
Promoter group Vachi Commercial LLP acquires 4 lakh shares via warrant conversion
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
-7.2%1-day move
₹13.75
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-7.2-8.1————————
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AI summary
Vachi Commercial LLP, part of Continental Securities promoter group, acquired 4,00,000 equity shares through conversion of convertible warrants on a preferential basis. The warrants were originally subscribed on 17 Feb 2026 at about Rs 310 per warrant, and 4 lakh warrants have now been converted into equity shares at about Rs 1654 per share. This Form C disclosure has been filed under SEBI PIT regulations to report the change in promoter group holding.
Likely market impact
Promoter group is boosting its stake in the company, which is generally seen as a positive signal of confidence by retail investors.