Kapston Services announces 1:2 bonus issue and new subsidiary

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KAPSTON · price

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

+0.2%Reaction day

₹275.35

prior close

₹279.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+0.0% vs market

Diversified Commercial Services peers, median of 67sector-1.2%+1.4% vs sector

On the reaction day the stock moved in line with Nifty Microcap 250 and 1.4 pts more than its Diversified Commercial 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

+0.0

10m

-0.8

15m

-6.9

30m

-5.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.2+0.1+0.0-1.2+1.4

Next day

-0.2+2.2-2.4-0.4+0.2

-2.9+1.8-4.7-0.8-2.1

-4.4+3.6-8.0-1.4-3.0

-2.7+2.3-5.0-0.3-2.4

-3.6+6.1-9.8+0.7-4.4

-3.4+6.4-9.8+1.7-5.1

15d

-1.5+7.0-8.4+1.0-2.5

-0.2+3.8-4.0-2.9+2.6

+0.2-5.2+5.4-12.3+12.6

+25.2+12.5+12.7+4.2+21.0

UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 67Pending

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

AI summary

Board approved 1:2 bonus issue (1 free share per 2 held), issuing about 1.01 crore new shares worth Rs 5.07 crore from free reserves. Paid-up equity rises from 2.03 crore to 3.04 crore shares. Authorised capital hiked from Rs 11.5 crore to Rs 20 crore. Also approved new wholly-owned subsidiary Kapston Home Services Private Limited for online home services. Subject to shareholder approval via postal ballot.

Likely market impact

Reward for existing shareholders via bonus shares. EPS may dilute post-issue. Entry into online home services through new subsidiary. Awaiting shareholder nod.