Announced Tue, 16 Jun · 15:16 IST
Promoter Surplus Finvest acquires 4.67% stake via warrant conversion
FMNL · price
▲ 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
-2.0%1-day move
₹10.74
prior close
₹10.35
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.0+1.0——-2.0-2.6-4.1-1.9-0.4+3.1-4.6-11.0——
Up moveDown movePending
AI summary
Surplus Finvest Pvt Ltd, a promoter of Future Market Networks Ltd, acquired 31,18,574 equity shares (4.67% of voting capital) through conversion of warrants on June 13, 2026. Post-acquisition, the promoter holds 93,64,068 shares (14.03%) and 33,81,426 warrants (5.06%), totaling 19.09% of voting capital. Total equity capital rose to 6,67,62,955 shares.
Likely market impact
Neutral — promoter stake increase via warrant conversion shows commitment, but no fresh capital is infused into the company.