Board approves raising up to Rs 1,000 crore via NCDs on private placement

Fund Raising View source PDF Explain this filing

GABRIEL · price

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

-4.3%Reaction day

₹1420.80

prior close

₹1392.80

announcement price

In-mkt

timing

Nifty Smallcap 250market-0.2%-4.1% vs market

Auto Components & Equipments peers, median of 123sector-0.5%-3.8% vs sector

On the reaction day the stock moved 4.1 pts less than Nifty Smallcap 250 and 3.8 pts less than its Auto Components & Equipments 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

+0.3

10m

+0.0

15m

+0.0

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.3-0.2-4.1-0.5-3.8

Next day

-5.3-0.4-5.0-1.0-4.3

-5.9+0.2-6.1-0.8-5.1

-4.6+0.1-4.7-1.2-3.4

-3.3+0.4-3.8-0.6-2.7

+2.1-0.2+2.4-0.7+2.9

-1.8-0.9-0.9-2.0+0.3

15d

-8.5-2.8-5.7-4.6-3.8

-1.7-1.4-0.3-1.5-0.2

-1.5-10.0+8.5-9.4+7.9

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UpDownMarket · Nifty Smallcap 250Sector · Auto Components & Equipments peers, median of 123Pending

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

AI summary

Gabriel India board approved raising up to Rs 1,000 crore via 1 lakh senior unsecured rated listed redeemable non-convertible debentures on private placement basis. Each NCD has face value of Rs 1 lakh, to be listed on BSE. Coupon rate, tenure, and redemption schedule will be in the key information document. A Finance Committee was also formed to oversee the issuance.

Likely market impact

Debt addition with no equity dilution. Coupon and tenure yet to be finalised, which will determine the actual cost impact.