EGM approves preferential issue of convertible warrants

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EMKAY · price

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

+5.0%Reaction day

₹339.65

prior close

₹350.05

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+5.5% vs market

Stockbroking & Allied peers, median of 36sector-0.2%+5.2% vs sector

On the reaction day the stock moved 5.5 pts more than Nifty Microcap 250 and 5.2 pts more than its Stockbroking & Allied 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

Stock

+1.4

10m

+0.6

15m

+0.6

30m

+1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.0-0.5+5.5-0.2+5.2

Next day

+3.0+0.5+2.5+1.0+2.0

+3.9+1.5+2.4+0.9+3.0

-2.1+1.1-3.2+1.0-3.2

-4.6+0.7-5.3+0.7-5.3

-2.5+1.1-3.7+0.9-3.4

-8.4+1.8-10.3+0.6-9.0

15d

-13.1-0.4-12.8-1.7-11.4

-13.0+1.0-14.0-2.4-10.6

-23.8-5.8-18.0-2.8-21.0

-13.2-8.9-4.3-8.8-4.5

UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 36Pending

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

AI summary

At an extraordinary general meeting held on 17 October 2025, shareholders approved two special resolutions: amending the company's Articles of Association and issuing convertible warrants on a preferential basis. The filing does not disclose the issue price, number of warrants, or allottees.

Likely market impact

Existing shareholders may face dilution if the warrants convert into shares. Issue price, size and allottees were not disclosed.