Announced Thu, 18 Jun · 20:10 IST
Warrants lapse and upfront payment forfeited
Fund Raising View source PDF
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
+0.8%1-day move
₹10.46
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+0.8+2.3+6.8+5.8+4.9-0.3-5.2-9.8——
Up moveDown movePending
AI summary
Future Market Networks Limited has informed the stock exchange that certain warrants issued by the company have lapsed and the upfront payment received against these warrants has been forfeited. Warrants typically lapse when holders fail to exercise them within the given time, leading to loss of the amount already paid.
Likely market impact
Negative for warrant holders as they lose the upfront amount paid. No direct dilution or capital impact for regular shareholders.