GRM Overseas allots shares on warrant conversion and bonus issue

Warrants ConvertedFund Raising View source PDF Explain this filing

GRMOVER · price

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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 converted 77.18 lakh warrants into equity shares at Rs 150 each, receiving Rs 86.83 crore as the balance 75 percent payment from 21 allottees. It also allotted 1.54 crore bonus shares in 2:1 ratio. Total 2.32 crore new shares issued, raising paid-up capital from Rs 36.81 crore to Rs 41.44 crore (20.72 crore shares). All warrants now fully converted with none pending.

Likely market impact

Equity base expands with full warrant conversion and bonus shares; warrant conversion brings in Rs 86.83 crore of fresh capital from existing allottees.