Bonus issue 2:1 and warrant conversion completed; capital rises to Rs 41.44 cr

Bonus Above 1to1Corporate Actions View source PDF Explain this filing

GRMOVER · 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

-0.4%Reaction day

₹162.98

prior close

₹168.03

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+2.6%-3.0% vs market

Other Agricultural Products peers, median of 57sector+1.3%-1.6% vs sector

On the reaction day the stock moved 3.0 pts less than Nifty Microcap 250 and 1.6 pts less than its Other Agricultural Products 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

-1.4

10m

-1.4

15m

-1.5

30m

-1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4+2.6-3.0+1.3-1.6

Next day

-1.0+3.6-4.6+1.4-2.4

+0.0+3.1-3.1+0.7-0.7

+0.2+2.6-2.3+0.2+0.0

+0.6+1.1-0.4+0.4+0.2

+0.1+0.3-0.2-0.7+0.8

-0.4+1.6-2.0-1.1+0.7

15d

-1.8-3.9+2.1-4.7+2.9

-5.6-8.1+2.5-7.6+1.9

+3.0-3.1+6.1-1.8+4.8

-4.0+9.2-13.2+2.8-6.9

UpDownMarket · Nifty Microcap 250Sector · Other Agricultural Products peers, median of 57Pending

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

AI summary

GRM Overseas allotted 77.18 lakh equity shares on conversion of warrants at Rs 150 each, receiving Rs 86.83 crore as the balance 75 percent amount from 21 warrant holders. It also allotted 1.54 crore bonus shares in 2:1 ratio. Paid-up capital rose from Rs 36.81 crore to Rs 41.44 crore across 20.72 crore shares. All warrants are now fully converted.

Likely market impact

Total shares rise from 18.41 crore to 20.72 crore. Bonus rewards shareholders; all warrants fully converted with no further dilution from these instruments.