Announced Thu, 16 Jul · 19:29 IST
Board to consider acquisitions of Startech Infralogistics and Peepal Mining via share swap
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
+2.5%1-day move
₹8.75
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+2.5-2.5+9.1+3.2+8.3+18.4————
Up moveDown movePending
AI summary
Board meeting on 22 July 2026 will consider acquiring equity shares of Startech Infralogistics Pvt Ltd and Peepal Mining and Logistics Pvt Ltd. Also proposes preferential issue of equity shares to these companies shareholders via share swap, fund raising via preferential allotment, and increase in authorised capital. Final terms including price, number of shares, and payment mode to be decided. Subject to shareholder approval.
Likely market impact
Acquisition and equity dilution via share swap may reshape the company. Watch for general meeting outcome and final pricing details.