Promoter group allotted 200,000 preferential equity warrants

Fund Raising View source PDF Explain this filing

HIRECT · 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

+0.0%Reaction day

₹842.00

prior close

₹837.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-1.3% vs market

Industrial Products peers, median of 116sector+0.8%-0.7% vs sector

On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 0.7 pts less than its Industrial 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

+1.0

10m

+0.4

15m

+1.4

30m

+1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.0+1.3-1.3+0.8-0.7

Next day

+0.1+1.0-1.0+0.4-0.4

+0.0+0.8-0.7+0.2-0.1

-2.5+0.5-3.0+0.0-2.5

-4.4+0.7-5.1+0.0-4.4

-3.7+1.4-5.1+0.5-4.2

-4.9-0.3-4.6-0.9-4.0

15d

-0.0+2.4-2.4+0.2-0.3

+11.0+3.6+7.4-0.9+12.0

-10.3-1.6-8.7-7.8-2.6

-11.9-1.5-10.5-9.6-2.3

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 116Pending

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

AI summary

Hind Rectifiers allotted 200,000 equity warrants to promoter group entity Elventive Tech Private Limited for cash at ₹1,368.23 per warrant, raising ₹27.36 crore. Each warrant can convert into one equity share of ₹2 face value within 18 months. The filing does not report any conversion.

Likely market impact

The company receives ₹27.36 crore, while conversion within 18 months could increase the share count and dilute existing shareholders.