Aegis Investment Fund stake rises to 9.96% via warrant conversion

Creeping Acquisition Near ThresholdOwnership Changes View source PDF Explain this filing

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

+7.2%Reaction day

₹90.89

prior close

₹93.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%+7.6% vs market

Other Industrial Products peers, median of 26sector-0.3%+7.5% vs sector

On the reaction day the stock moved 7.6 pts more than Nifty Microcap 250 and 7.5 pts more than its Other Industrial Products 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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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+7.2-0.4+7.6-0.3+7.5

Next day

+10.0+0.2+9.9-0.6+10.6

+4.5-0.1+4.6-0.7+5.2

+7.8+0.2+7.6-0.5+8.4

+6.2+0.5+5.7-1.2+7.3

+1.2-0.4+1.7-2.0+3.2

+2.9-0.4+3.3-2.4+5.2

15d

+0.1-2.5+2.6-4.9+5.0

-1.5+0.3-1.8-3.3+1.8

-14.6-9.4-5.2-8.2-6.4

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UpDownMarket · Nifty Microcap 250Sector · Other Industrial Products peers, median of 26Pending

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

AI summary

Aegis Investment Fund PCC (non-promoter) acquired 14,14,285 equity shares of Expo Engineering through conversion of warrants on preferential basis on 20-Aug-2026. Total holding now stands at 25,84,879 shares (9.96% on diluted basis), up from 4.51% earlier. Warrants were allotted at Rs 70 per share (face value Rs 4, premium Rs 66) and balance 75% amount was received before conversion. The stake is just below the 10% disclosure threshold.

Likely market impact

Non-promoter FII holding nears 10% threshold; further disclosure triggered if stake crosses 10%. Reflects incoming capital via preferential route.