Rights Issue Utilization Report Q1FY27
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 0.1 pts less than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Infomerics filed the MA Report for Enbee Trade and Finance Q1FY27 rights issue. The 120.05 crore shares at Rs 1 each was to repay promoter loans (46.56 cr) and augment capital (72.48 cr). It was heavily undersubscribed. Promoters converted 12.4 crore of loans into equity. About 0.16 crore cash was raised and fully used - 10 lakh for new loans and 6.19 lakh for promoter loan repayment. No deviation reported.
Heavily undersubscribed rights issue is a negative signal, though funds were used as intended. No immediate impact from routine filing.