Board approves rights issue to raise up to Rs 62 crores

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

+1.0%Reaction day

₹12.85

prior close

₹12.78

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+1.2% vs market

Capital Markets peers, median of 64sector · industry level-0.8%+1.8% vs sector

On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 1.8 pts more than its Capital Markets 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

+0.0

15m

+3.7

30m

+3.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0-0.2+1.2-0.8+1.8

Next day

-1.3-0.3-1.0-0.9-0.5

-9.2-0.2-8.9-1.3-7.9

-6.8-3.5-3.3-2.6-4.2

-5.1-3.6-1.5-3.3-1.8

-9.5-2.8-6.7-2.7-6.8

-9.4-1.4-8.0-2.4-7.1

15d

-8.7-3.0-5.7-5.7-3.1

-11.7-4.4-7.3-3.2-8.4

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UpDownMarket · Nifty Microcap 250Sector · Capital Markets peers, median of 64Pending

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

AI summary

The Board of Interactive Financial Services approved raising up to Rs 62 crores by issuing equity shares to existing shareholders through a rights issue. The board meeting was held on September 9, 2026. Issue price, ratio and record date details are not yet disclosed.

Likely market impact

Existing shareholders can subscribe for more shares; non-subscribers face dilution risk. Final terms awaited.