Promoter group stake rises to 37.39% after warrant conversion

Promoter Stake BuyPromoter Below 50pctOwnership Changes View source PDF Explain this filing

GRANULES · price

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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

+3.2%Reaction day

₹796.60

prior close

₹792.90

announcement price

After-mkt

timing

Nifty Smallcap 250market+1.1%+2.0% vs market

Pharmaceuticals peers, median of 174sector+1.2%+2.0% vs sector

On the reaction day the stock moved 2.0 pts more than Nifty Smallcap 250 and 2.0 pts more than its Pharmaceuticals 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

+2.2

10m

+1.9

15m

+2.6

30m

+2.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.2+1.1+2.0+1.2+2.0

Next day

+4.5+3.3+1.1+3.1+1.4

+5.1pendingpending+4.7+0.4

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15d

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UpDownMarket · Nifty Smallcap 250Sector · Pharmaceuticals peers, median of 174Pending

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

AI summary

Four promoter-group members received 2,49,82,906 shares on 16 September 2026 after converting warrants issued through preferential allotment. They paid the remaining 75% of the Rs 585 issue price, or Rs 438.75 per warrant. Their combined holding with parties acting together rose from 31.08% to 37.39%. Total equity shares increased from 24,77,96,921 to 27,27,79,827.

Likely market impact

Promoter ownership rose to 37.39%, showing commitment, but the share allotment diluted existing holders and may weigh on per-share returns.