Announced Thu, 13 Aug · 14:45 IST
Loan of 34.78 crores converted to equity in wholly owned subsidiary
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
+1.7%1-day move
₹132.80
prior close
₹132.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—+0.0+0.0-1.5+1.7-2.1-0.7-1.1-0.6-2.1+0.6+10.7——
Up moveDown movePending
AI summary
IIRM Holdings announced converting a 34.78 crore unsecured loan into equity of its wholly owned subsidiary IIRM Global Shared Services. The loan converts into 29,98,385 shares at 116 per share (5 face value, 111 premium). The loan originally came from Sampada, which merged with IIRM Holdings in 2025. The subsidiary remains wholly owned with no change in control. Purpose is to strengthen capital base and improve debt-equity position.
Likely market impact
Capital restructuring of wholly owned subsidiary; no change in shareholding or control. Subsidiary debt-equity improves.