Announced Wed, 8 Jul · 18:41 IST
Postal ballot to shift IPO funds from Lunawada to Bayad store
Capital Market Events View source PDF
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
+10.2%1-day move
₹132.90
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+10.2+4.7-0.5——-7.0————
Up moveDown movePending
AI summary
Jay Ambe Supermarkets seeks shareholder approval via postal ballot to reallocate Rs 147 Lakhs of unutilized IPO funds. From its September 2025 IPO of Rs 1,844.54 Lakhs, Rs 463.32 Lakhs was meant for 3 new store fit-outs. Two are done; the third will open in Bayad, Aravalli instead of Lunawada due to lower rentals. Bayad setup cost: Rs 152.43 Lakhs (Rs 5.43 Lakhs from internal accruals). Voting: July 9 to August 7, 2026. Resolution needs over 90 percent shareholder approval.
Likely market impact
Minor change in IPO fund use, but 90 percent approval threshold shows caution. Watch voting outcome.