BSEFILMCITY MEDIA LTD.HighNeutral
Announced Wed, 22 Jul · 11:12 IST

Preferential Allotment of 1.90 Crore Equity Shares Completed

Fund Raising View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-3.1%1-day move
₹1.93
prior close
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.1-3.1-7.3-11.4
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AI summary

Filmcity Media allotted 1.90 crore equity shares at Re.1 each (at par) on a preferential basis, raising about Rs.1.90 crore. Allottees: PMC Fincorp (70 lakh, promoter group) and non-promoters Puneet Arora (95 lakh) and EPS Fin-Vest (25 lakh). Paid-up equity capital rose to Rs.4.96 crore.

Likely market impact

About 38 percent dilution for existing shareholders. Small raise of Rs.1.9 crore at par; promoter PMC Fincorp group strengthens its stake.