6.87 lakh equity shares allotted on warrant conversion to non-promoters

Warrants convertedFund Raising View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+1.2%Reaction day

₹486.00

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+1.2% vs market

Other Consumer Services peers, median of 5sector-1.3%+2.5% vs sector

On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 2.5 pts more than its Other Consumer Services 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

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.2+0.1+1.2-1.3+2.5

Next day

+2.5+0.2+2.3——

+1.5+0.6+0.9-2.1+3.6

+2.9-0.0+2.9——

+3.8+0.5+3.3——

+1.8+0.8+1.0-2.0+3.7

+2.5+0.6+1.9——

15d

-3.5+1.3-4.8-3.4-0.1

-2.7-1.4-1.3——

+6.8-0.6+7.4-6.1+12.8

—————

UpDownMarket · Nifty Microcap 250Sector · Other Consumer Services peers, median of 5Pending

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

AI summary

Exhicon Events Media Solutions allotted 6,87,800 equity shares of Rs 10 face value at Rs 315 each (Rs 305 premium) to 5 non-promoter allottees upon exercising convertible warrants. Total consideration: Rs 16.25 crore, being 75 percent of the exercise price. Key allottees: Sharda Bhat (3.25 lakh shares, Rs 7.68 crore) and Jalan Chemical Industries (2.85 lakh shares, Rs 6.73 crore). New shares carry SEBI lock-in.

Likely market impact

Minor dilution of 6.87 lakh shares. Warrant conversion signals investor commitment. SEBI lock-in applies, restricting near-term selling.