Preferential warrant issue price set at Rs 196 each

Fund Raising View source PDF Explain this filing

INDSWFTLAB · 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

-5.4%Reaction day

₹371.15

prior close

₹359.05

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-6.1% vs market

Pharmaceuticals peers, median of 174sector-0.0%-5.4% vs sector

On the reaction day the stock moved 6.1 pts less than Nifty Microcap 250 and 5.4 pts less than its Pharmaceuticals 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

+0.0

10m

+0.1

15m

-0.0

30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.4+0.7-6.1-0.0-5.4

Next day

-0.6+1.1-1.7+0.1-0.7

+4.8+1.6+3.2+0.8+4.1

+4.0+1.5+2.5+0.1+3.9

+2.1+1.3+0.8+0.6+1.5

+4.8+1.4+3.4-0.1+4.9

-1.4-2.1+0.7-1.6+0.2

15d

+10.1-0.9+11.0-1.0+11.0

+3.7-1.4+5.2-2.9+6.6

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UpDownMarket · Nifty Microcap 250Sector · Pharmaceuticals peers, median of 174Pending

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

AI summary

Ind-Swift Laboratories fixed the preferential warrant issue price at Rs 196 each on Sept 4, 2026. The SEBI floor was Rs 195.98 based on the higher of the 90-day VWAP of Rs 154.48 and 10-day VWAP of Rs 195.98 on NSE. An independent valuation by Corporate Professionals had valued the shares at Rs 189.46. Warrants are being issued to an allottee taking over 5 percent of post-issue diluted capital. Other EGM terms remain unchanged.

Likely market impact

Warrant issue priced at SEBI minimum; dilution at floor price. Large allottee taking over 5 percent post-issue stake may signal ownership change.