Indiabulls promoter group acquires warrants via preferential allotment

Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership Changes View source PDF Explain this filing

IBULLSLTD · price

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Price reactionminutes from the announcement price · days from the prior close

+3.4%Reaction day

₹28.99

prior close

₹29.95

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%+2.4% vs market

On the reaction day the stock moved 2.4 pts more than Nifty Microcap 250, 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

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10m

-0.1

15m

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30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+3.4+1.0+2.4

Next day

+2.0+0.8+1.2

+2.0-0.5+2.6

+1.6-0.5+2.2

+6.8+0.8+6.0

+12.1+0.5+11.5

+26.3-2.0+28.3

15d

+14.7-6.4+21.0

+9.0-5.9+14.9

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UpDownMarket · Nifty Microcap 250Pending

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AI summary

Hermes Ltd and persons acting in concert, part of the promoter group, acquired 36.55 crore convertible warrants of Indiabulls through a preferential allotment on September 24, 2026. Of these, 14.025 crore warrants went to Hermes and 22.525 crore to PACs including Sameer Gehlaut. Post-acquisition, promoter group holds 76.66 crore equity shares (32.87 percent of paid-up capital) plus warrants, taking total potential holding to 39.45 percent on a fully diluted basis assuming conversion.

Likely market impact

Promoter group expands its stake via warrants. Diluted holding rises to 39.45 percent, moving closer to key takeover trigger levels.