Announced Fri, 17 Jul · 22:19 IST
BSE trading approval for 27.04 crore shares via warrants and share swap
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Price
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Price reaction · full curve 14 horizons · vs prior close
+6.6%1-day move
₹571.00
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+6.6+8.4+10.0+11.7+12.1—————
Up moveDown movePending
AI summary
IDream Film Infrastructure received BSE trading approval for two share issuances. First, 40 lakh equity shares at Rs 10 par to the Promoter on conversion of warrants. Second, 26.64 crore equity shares at Rs 10 par to Promoters and Non-Promoters pursuant to a share swap. The share swap tranche is very large, indicating an acquisition or similar deal paid in stock. Total of about 27.04 crore new shares will begin trading on BSE under scrip code 504375.
Likely market impact
Heavy dilution ahead: 26.64 crore new shares via share swap plus 40 lakh from warrants will significantly expand the share count and dilute existing holders.