860,000 convertible warrants allotted at a premium to 17 allottees

Fund Raising View source PDF Explain this filing

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

-0.1%Reaction day

₹550.00

prior close

₹550.75

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-0.5% vs market

Computers - Software & Consulting peers, median of 64sector-0.4%+0.3% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.3 pts more than its Computers - Software & Consulting 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

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Sessions after the filingfrom the prior close

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Reaction day

-0.1+0.4-0.5-0.4+0.3

Next day

-1.5+0.6-2.1+0.1-1.6

-1.8+1.0-2.9+1.7-3.5

+2.2+0.9+1.3+1.7+0.5

-1.6+0.9-2.5+1.6-3.3

-3.3+1.6-4.9+2.0-5.3

-3.5+2.8-6.3+3.2-6.7

15d

-11.5-2.5-9.0-3.6-7.9

-9.3-1.0-8.2-1.5-7.8

-11.6-0.4-11.2-2.1-9.6

-20.9-7.0-13.9-7.3-13.6

UpDownMarket · Nifty Microcap 250Sector · Computers - Software & Consulting peers, median of 64Pending

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

AI summary

The board allotted 860,000 convertible warrants to promoters and non-promoters at Rs 431 each, including a Rs 421 premium over the Rs 10 face value. The company received at least 25 percent of the subscription, with potential proceeds of Rs 37.07 crore. Each warrant can convert into one equity share by March 4, 2027. Paid-up capital remains unchanged until conversion.

Likely market impact

Full conversion can add 860,000 shares and dilute holders, while bringing up to Rs 37.07 crore. Promoter stake would fall to 68.95 percent.