Warrants converted into 8.81 lakh equity shares at Rs 315 each

Warrants ConvertedFund Raising View source PDF

Price

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

Price reaction · full curve 14 horizons · vs prior close

-2.7%1-day move

₹534.25

prior close

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base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————-2.7-4.4-4.5-6.4——————

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AI summary

Exhicon Events Media Solutions allotted 8,81,000 equity shares at Rs 315 each (including a Rs 305 premium) upon conversion of 8,81,000 convertible warrants by six non-promoter allottees. The company received Rs 20.81 crore, being 75 percent of the total warrant exercise price. Top allottees are Hitesh Kawa (3.06 lakh shares), Kaushik Gandhi (2 lakh), and Sharda Bhat (1.75 lakh).

Likely market impact

Share dilution from 8.81 lakh new equity shares to non-promoters, while the company raises Rs 20.81 crore in fresh capital.