Announced Fri, 10 Jul · 12:05 IST
Halder Venture gets nod for 7,93,650 convertible warrants to non-promoters
HALDER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-6.0%1-day move
₹239.89
prior close
₹234.02
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1———-6.0-3.8-3.7-4.2-4.0-3.5————
Up moveDown movePending
AI summary
Halder Venture received in-principle approval from NSE and BSE to issue 7,93,650 convertible warrants to non-promoters on a preferential basis. Each warrant is convertible into one equity share of Rs 10 face value at a price of not less than Rs 315 per share. The total potential issue size is about Rs 25 crore once warrants are converted.
Likely market impact
Potential equity dilution of about 7.93 lakh shares; capital infusion of up to around Rs 25 crore from non-promoter investors on conversion.