Kapston Services announces 1:2 bonus issue and new subsidiary

Corporate Actions View source PDF Explain this filing

KAPSTON · 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

+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 bonus shares in ratio 1:2 (1 new share for every 2 held) of face value Rs 5. About 1.01 crore new shares worth Rs 5.07 crore to be issued from free reserves. Share count rises from 2.02 crore to 3.04 crore. Subject to postal ballot approval. Board also raised authorised capital to Rs 20 crore and approved a new wholly owned subsidiary, Kapston Home Services, in the online home services space.

Likely market impact

Bonus issues increase share count, with price adjusting downward on ex-date. Pending shareholder approval via postal ballot.