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Warrants ConvertedFund Raising View source PDF Explain this filing

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▲ 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

+0.8%Reaction day

₹552.60

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+1.1% vs market

Other Consumer Services peers, median of 24sector · industry level-0.4%+1.2% vs sector

On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250 and 1.2 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

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.8-0.3+1.1-0.4+1.2

Next day

-0.2+0.9-1.1-0.5+0.3

+0.1+2.3-2.2-0.1+0.1

+1.0+2.4-1.4-0.9+1.8

-0.5+1.8-2.3-0.6+0.2

-1.9+1.3-3.2-0.8-1.1

-7.5+0.4-8.0-1.9-5.7

15d

-1.4-1.1-0.3-3.4+2.0

-1.4-3.3+2.0-7.1+5.7

-2.5-0.5-2.0-12.1+9.6

-18.9-8.2-10.7-18.6-0.3

UpDownMarket · Nifty Microcap 250Sector · Other Consumer Services peers, median of 24Pending

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

AI summary

Exhicon Events Media Solutions has allotted 3,76,000 equity shares to five non-promoter allottees upon conversion of their convertible warrants. The shares were issued at Rs. 315 each (Rs. 10 face value + Rs. 305 premium). The company received Rs. 8.88 crore as the remaining 75% exercise price from the warrant holders. The largest allottee, Joshi Anura Satyam, received 1,50,000 shares, followed by Minal Prakash Deshpande with 1,00,000 shares. This is not a fresh fundraising but the conversion of warrants that were previously issued, so the share dilution was already anticipated.

Likely market impact

Share count goes up by 3,76,000 shares (mild dilution), and the company pockets about Rs. 8.88 crore in cash. Since this is a pre-committed warrant conversion, there is unlikely to be any surprise reaction in the stock price — the dilution was already priced in when the warrants were originally issued.