Intimation under Regulation 30 of Securities and Exchange Board of India (LODR) Regulations 2015

Corporate Actions 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

+9.4%Reaction day

₹1.49

prior close

₹1.63

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%+8.9% vs market

Trading & Distributors peers, median of 130sector+0.0%+9.4% vs sector

On the reaction day the stock moved 8.9 pts more than Nifty Microcap 250 and 9.4 pts more 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

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10m

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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

+9.4+0.5+8.9+0.0+9.4

Next day

+30.9+0.5+30.4+0.0+30.9

+22.1+1.8+20.3+0.2+21.9

+13.4+2.6+10.8+0.9+12.6

+14.1+3.1+11.0+0.4+13.7

+6.0+1.5+4.5+0.4+5.6

+0.7+1.5-0.8+0.0+0.7

15d

-11.4+1.3-12.7+0.2-11.6

+2.0+2.6-0.6+1.3+0.7

-24.8+0.2-25.0-1.6-23.3

-40.9+0.0-41.0-3.2-37.8

UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 130Pending

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

AI summary

Franklin Industries Limited has approved the Letter of Offer dated 3rd June, 2025 for a rights issue of up to 4.82 crore (48,20,00,000) equity shares of face value ₹1 each at an issue price of ₹1 per share, aggregating to ₹48.20 crore. The issue is being offered in the ratio of 5 rights shares for every 3 fully paid-up equity shares held by eligible shareholders. The record date has been fixed as Wednesday, 4th June, 2025, with the issue opening on 12th June, 2025 and closing on 30th June, 2025. The company's shares are listed on BSE (Scrip Code: 540190) and Calcutta Stock Exchange. The Letter of Offer was approved by the Board via a Resolution by Circulation. The company notes it is professionally managed with no identifiable promoter.

Likely market impact

Eligible shareholders as of the record date (4th June, 2025) will receive rights entitlements to subscribe to additional shares. Since the issue is priced at face value with zero premium and involves a substantial expansion of share capital (about 167% increase at full subscription), it will be significantly dilutive for non-participating shareholders. Shareholders must act between 12th June and 30th June, 2025 to subscribe or renounce their entitlements.