Rights Issue of Equity Shares Up to Rs 80 Crores Approved

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Price reactionminutes from the announcement price · days from the prior close

-3.5%Reaction day

₹103.80

prior close

₹100.15

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-3.2% vs market

Non Banking Financial Company (NBFC) peers, median of 215sector+0.0%-3.5% vs sector

On the reaction day the stock moved 3.2 pts less than Nifty Microcap 250 and 3.5 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.5-0.3-3.2+0.0-3.5

Next day

-6.1-1.5-4.5-0.4-5.7

-3.7-1.5-2.1-0.4-3.3

-1.8-0.2-1.5-0.8-1.0

+1.2-0.5+1.6-0.5+1.7

-0.8-3.2+2.4-2.0+1.2

+2.9-2.2+5.1-1.5+4.4

15d

-0.9-9.5+8.6-5.3+4.5

+3.1pendingpending-4.3+7.4

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 215Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board approved a rights issue of equity shares with face value Rs 10 each for up to Rs 80 crores including premium, to be offered to eligible shareholders as on the record date. Draft Letter of Offer approved and to be filed with BSE for in-principle listing approval. Issue price and entitlement ratio yet to be finalized. Record date to be notified later.

Likely market impact

Rights issue may dilute existing holdings. Eligible shareholders can subscribe proportionally; final terms pending.