Board approves preferential issue of 18.24 lakh equity shares

Fund Raising View source PDF Explain this filing

KAYA · 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

+2.9%Reaction day

₹269.90

prior close

₹275.05

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+2.9% vs market

Leisure Services peers, median of 86sector · industry level-0.5%+3.4% vs sector

On the reaction day the stock moved 2.9 pts more than Nifty Microcap 250 and 3.4 pts more than its Leisure 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

+2.4

10m

+1.2

15m

+0.9

30m

+0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.9-0.1+2.9-0.5+3.4

Next day

+7.1-0.2+7.3-0.7+7.7

+12.9+0.1+12.7-1.6+14.5

+8.0+0.3+7.7-1.2+9.2

+13.0+0.4+12.6-1.5+14.5

+24.1+0.5+23.6-1.6+25.8

+24.8+0.3+24.5-2.1+26.9

15d

+25.1+1.9+23.2-2.4+27.5

+24.5+2.2+22.3-3.4+27.9

+10.0-1.2+11.2-7.1+17.1

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UpDownMarket · Nifty Microcap 250Sector · Leisure Services peers, median of 86Pending

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

AI summary

Kaya Limited board approved issuing 18,24,150 equity shares at Rs 274.10 each (higher than floor price) on preferential basis to Axana Estates LLP and Plutus Investments India, raising about Rs 50 crores. Axana will hold 17.25 percent and Plutus 5.76 percent post-issue. ESOP pool increased by 4 lakh options to 12.03 lakh. EGM set for September 5, 2026 for shareholder approval.

Likely market impact

Preferential issue at premium to floor price to two specific investors; will dilute existing shareholders. Subject to shareholder approval at EGM on Sep 5.