Announced Thu, 2 Jul · 16:43 IST
iStreet Network allots 2 lakh shares on warrant conversion
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
+3.3%1-day move
₹48.49
prior close
₹49.46
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5———+3.3+3.5+2.5+1.1+1.6+1.0-2.8———
Up moveDown movePending
AI summary
iStreet Network Ltd has allotted 2,00,000 equity shares of face value Rs 4 each upon conversion of equal number of warrants held by Rajesh A. Shukla (Public category). The company received Rs 9 lakh as the balance 75 percent amount at Rs 4.5 per warrant against the issue price of Rs 6. Paid-up share capital rose from Rs 28.20 crore to Rs 28.28 crore.
Likely market impact
Minor dilution as paid-up equity capital rises by about Rs 8 lakh. Single allottee converting warrants already held, so limited immediate market impact.