Jet Freight converts 45.19 lakh warrants into equity shares at Rs 18 each

Warrants convertedFund Raising View source PDF Explain this filing

JETFREIGHT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-2.8%Reaction day

₹21.60

prior close

₹20.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.6%-1.2% vs market

Logistics Solution Provider peers, median of 44sector-1.2%-1.6% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 1.6 pts less than its Logistics Solution Provider 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

+0.5

10m

+0.7

15m

+0.7

30m

+1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.8-1.6-1.2-1.2-1.6

Next day

-4.6-0.6-4.1-1.5-3.1

-3.9-0.8-3.1-1.6-2.3

-10.2-2.1-8.1-2.3-7.9

-8.8-2.1-6.7-3.2-5.6

-8.6-0.8-7.8-1.7-6.9

-10.9-3.8-7.1-3.6-7.3

15d

-17.0-6.9-10.1-5.5-11.4

-14.8-8.0-6.8-8.3-6.5

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UpDownMarket · Nifty Microcap 250Sector · Logistics Solution Provider peers, median of 44Pending

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

AI summary

Jet Freight Logistics has converted 45,19,663 equity warrants into equity shares at Rs 18 per share (including Rs 13 premium). The company received about Rs 6.10 crore from 12 allottees, including 3 promoter group members (Theknath family) and 9 non-promoter investors. Paid-up equity capital rose from 4.64 crore shares to 5.09 crore shares. About 3.29 crore warrants remain pending conversion within 18 months from June 2026.

Likely market impact

Share dilution of around 9.7 percent from this conversion. Promoter group stake rises. Further dilution possible as 3.29 crore warrants are still pending.