Board approves Henyo Pack acquisition via share swap and name change to Henyo Systems

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

+5.0%Reaction day

₹2.82

prior close

₹2.96

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+4.6% vs market

Non Banking Financial Company (NBFC) peers, median of 219sector-0.3%+5.3% vs sector

On the reaction day the stock moved 4.6 pts more than Nifty Microcap 250 and 5.3 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+5.0+0.4+4.6-0.3+5.3

Next day

+9.9+1.7+8.2+0.0+9.9

+15.2+0.2+15.0-0.8+16.0

+9.6+0.5+9.1-0.5+10.1

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15d

+34.8-1.4+36.1-2.2+37.0

+40.8-7.4+48.2-5.1+45.9

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 219Pending

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AI summary

The board approved acquiring 90% of Henyo Pack Ltd (packaging, FY25 turnover Rs 46.73 Cr) via share swap, issuing 26.54 Cr shares at Rs 2.24 (about Rs 59.47 Cr) to Henyo shareholders. Also a cash preferential issue of 66.98 lakh shares at Rs 2.24 to 5 investors. Company to rename Henyo Systems Limited. Massive dilution expected.

Likely market impact

Massive dilution as over 27 Cr new shares will be issued. Business shifts from finance to packaging. Pending shareholder and regulatory approvals.