Board approves Rights Issue to raise up to Rs. 130 Crores

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

+1.6%Reaction day

₹285.50

prior close

₹295.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+2.9% vs market

Hotels & Resorts peers, median of 58sector-0.8%+2.4% vs sector

On the reaction day the stock moved 2.9 pts more than Nifty Microcap 250 and 2.4 pts more than its Hotels & Resorts 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

+1.6-1.3+2.9-0.8+2.4

Next day

-3.5-1.3-2.2-0.9-2.6

+1.3+0.0+1.3+0.1+1.3

+6.4-0.2+6.6+0.3+6.1

+1.1-3.0+4.0-1.3+2.4

+1.2-2.7+3.9-1.6+2.9

+1.9-1.7+3.6-1.5+3.4

15d

+5.1-8.9+13.9-5.3+10.3

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UpDownMarket · Nifty Microcap 250Sector · Hotels & Resorts peers, median of 58Pending

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

AI summary

Emerald Leisures board has approved a Rights Issue to raise up to Rs. 130 Crores by issuing equity shares of face value Rs. 5 each to eligible existing shareholders. The issue price, entitlement ratio, record date, and payment terms will be decided later by the Board or a newly formed Rights Issue Committee. The issue is subject to SEBI and other regulatory approvals.

Likely market impact

Existing shareholders may need to put in additional money to maintain their stake. Share price could see short term pressure due to possible dilution.