Rights Issue of up to Rs 20 crore approved by Board

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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

+0.3%Reaction day

₹35.88

prior close

₹36.20

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-0.1% vs market

Other Financial Services peers, median of 90sector+0.2%+0.1% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.1 pts more than its Other Financial Services 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

-3.3

10m

-3.3

15m

-3.3

30m

-3.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3+0.3-0.1+0.2+0.1

Next day

+0.3+0.6-0.3+0.0+0.3

+1.2-0.4+1.6-0.4+1.6

-3.1-0.9-2.1-1.1-2.0

-4.8-0.3-4.5-0.4-4.4

-2.6+0.3-3.0-0.7-1.9

-3.8+1.3-5.1-1.1-2.7

15d

-11.8-0.1-11.6-2.3-9.5

-4.7-1.2-3.4-2.6-2.1

-12.5-7.7-4.8-11.0-1.5

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UpDownMarket · Nifty Microcap 250Sector · Other Financial Services peers, median of 90Pending

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

AI summary

Jindal Capital Board approved raising up to Rs 20 crore through a Rights Issue of equity shares with face value of Rs 10 each, to be offered to eligible existing shareholders on a rights basis. Issue price, entitlement ratio, record date and other terms are yet to be decided and will be communicated later.

Likely market impact

Existing shareholders will get rights to subscribe to new shares. Non-participation may lead to dilution of their holdings.