Allotment of Right Issue of Equity Shares

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

-5.2%Reaction day

₹1.53

prior close

₹1.53

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.2%-4.0% vs market

Trading & Distributors peers, median of 122sector-1.3%-3.9% vs sector

On the reaction day the stock moved 4.0 pts less than Nifty Microcap 250 and 3.9 pts less than its Trading & Distributors 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

-3.9

10m

-3.9

15m

-3.3

30m

-3.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.2-1.2-4.0-1.3-3.9

Next day

-3.9+0.3-4.2-0.7-3.2

-5.2+0.6-5.8-1.3-4.0

-7.8-0.1-7.7-0.7-7.2

-9.8-1.7-8.1-1.6-8.2

-7.8-1.2-6.6-2.2-5.7

-35.3-2.6-32.7-3.1-32.1

15d

-34.0-1.0-33.0-3.2-30.8

-30.7-3.9-26.8-4.1-26.7

-45.1-4.2-40.9-4.2-40.9

-45.8-0.7-45.1-6.8-39.0

UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 122Pending

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

AI summary

Franklin Industries Ltd has completed the allotment of its Rights Issue, issuing 48.20 crore (4,82,00,000) fully paid-up equity shares at ₹1 each (face value ₹1, issued at par). This raises ₹48.20 crore for the company. As a result, the paid-up equity share capital has increased from ₹28.92 crore (28.92 crore shares) to ₹77.12 crore (77.12 crore shares). The Board also appointed Brickwork Ratings India Pvt Ltd as the monitoring agency to oversee the use of funds raised through the issue.

Likely market impact

Existing shareholders will see dilution as the share count jumps from 28.92 crore to 77.12 crore (a ~167% increase in share base), though the issue is at par so no value leakage. The ₹48.2 crore capital infusion could support growth, but the share price may face short-term pressure due to expanded supply and the deeply discounted effective valuation.