Non-promoter Amit Kumar Saraogi acquires 21.42% via preferential allotment

Ownership Changes View source PDF Explain this filing

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

-2.1%Reaction day

₹6.80

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-2.9% vs market

Non Banking Financial Company (NBFC) peers, median of 223sector+0.3%-2.4% vs sector

On the reaction day the stock moved 2.9 pts less than Nifty Microcap 250 and 2.4 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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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.1+0.8-2.9+0.3-2.4

Next day

-2.1+2.5-4.5+0.4-2.5

-4.0+2.3-6.3+0.5-4.5

-5.9+2.8-8.6+0.0-5.9

-7.6+4.1-11.7+0.4-8.0

-5.9+2.5-8.4-0.3-5.6

-9.4+1.2-10.6-0.9-8.5

15d

-18.1-0.8-17.3-1.4-16.6

-22.1-1.7-20.4-2.5-19.5

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 223Pending

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

AI summary

Amit Kumar Saraogi, a non-promoter, acquired 31.10 lakh equity shares (21.42%) of Cubical Financial Services through preferential allotment on 14 September 2026. He had no prior holding in the company. The company's equity capital expanded from 94.07 lakh to 145.17 lakh shares of Rs 2 each, raising share capital from about Rs 18.81 crore to Rs 29.03 crore.

Likely market impact

A non-promoter taking a 21.42% stake signals a new strategic shareholder. Promoters get diluted. Watch for any open offer trigger near 25%.