Allotment of 5.55 lakh warrants to promoter group entity

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

-2.0%Reaction day

₹525.75

prior close

₹521.40

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-2.0% vs market

Capital Markets peers, median of 63sector · industry level+0.2%-2.2% vs sector

On the reaction day the stock moved 2.0 pts less than Nifty Microcap 250 and 2.2 pts less than its Capital Markets 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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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-2.0-0.1-2.0+0.2-2.2

Next day

-11.7-0.2-11.5-0.1-11.6

-3.7+0.1-3.9+0.0-3.7

-2.0+0.3-2.3+0.2-2.2

-1.7+0.4-2.0+0.4-2.1

-7.3+0.5-7.8+0.1-7.4

-0.9+0.3-1.2-0.4-0.6

15d

+4.7+1.9+2.8+0.2+4.5

+16.5+2.2+14.3+0.1+16.4

+37.5-1.2+38.7-3.5+41.0

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UpDownMarket · Nifty Microcap 250Sector · Capital Markets peers, median of 63Pending

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

AI summary

Gretex Corporate Services has allotted 5,55,167 warrants (first tranche out of 19,51,000 approved earlier) to Ambition Tie-Up Private Limited, a promoter group entity, at Rs 358 per warrant on a preferential basis. Total investment is about Rs 19.87 crore. Each warrant has a face value of Rs 10. Allotment was done under SEBI ICDR Regulations following board approval via circular resolution dated August 10, 2026. Remaining warrants will be allotted in later tranches.

Likely market impact

Promoter group increasing its stake, signalling confidence; potential dilution when warrants are later converted into equity shares.