Shareholders approve preferential issue of convertible warrants

Fund Raising View source PDF Explain this filing

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

₹356.60

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

+0.0

10m

-0.2

15m

+0.0

30m

+0.0

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 on October 17, 2025, shareholders approved altering the articles of association and issuing convertible warrants to selected recipients. The filing does not state the number, issue price or investors involved.

Likely market impact

The approvals allow the warrant issue, which could dilute existing shareholders if converted, but the financial terms and final dilution are not yet known.