Announced Fri, 31 Jul · 16:41 IST

Board approves Rs 150cr preferential issue, appoints 2 directors

Price

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▲ 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
-7.6%1-day move
₹145.00
prior close
₹149.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-4.7-6.5-3.4-3.4-7.6-3.8-4.1-4.3-6.9-8.4-10.3-7.8
Up moveDown movePending
AI summary

IIRM Holdings board approved a preferential issue to Carpediem Capital Partners Fund II and 13 other investors. Up to 15.7 lakh equity shares at Rs 143.28 (Rs 22.5 crore) plus up to 88.98 lakh convertible warrants at Rs 143.28 each (Rs 127.5 crore), totalling about Rs 150 crore. Promoter control unchanged. Two new directors appointed, one as Carpediem nominee. AGM on Aug 27, 2026.

Likely market impact

Positive - Rs 150cr fundraise from marquee PE investor strengthens balance sheet, though dilutive. Promoter control retained.