Board approves Rights Issue up to Rs 15 Crores

Corporate Actions View source PDF Explain this filing

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

-3.2%Reaction day

₹78.65

prior close

₹78.66

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%-3.8% vs market

Non Banking Financial Company (NBFC) peers, median of 220sector+0.0%-3.2% vs sector

On the reaction day the stock moved 3.8 pts less than Nifty Microcap 250 and 3.2 pts less 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

—

10m

+2.2

15m

+2.2

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.2+0.5-3.8+0.0-3.2

Next day

-3.4+0.8-4.1+0.4-3.8

-0.1+1.0-1.1-0.1+0.0

+1.7+0.6+1.1+0.2+1.5

+1.6+1.2+0.4+0.5+1.1

-0.8+0.9-1.8+0.4-1.2

-2.6+1.6-4.2+0.8-3.4

15d

-5.4+1.9-7.3-0.8-4.6

-5.5+0.8-6.3-1.3-4.2

-12.7-5.7-7.0-5.4-7.3

—————

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 220Pending

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

AI summary

Board of Key Corp approved a Rights Issue of fully paid-up equity shares (Rs 10 face value) to eligible shareholders, totaling up to Rs 15 Crores. Issue price, entitlement ratio, and record date are yet to be finalized. A committee has been authorized to decide these terms and appoint intermediaries.

Likely market impact

Potential equity dilution once terms are set. Investors should watch for the record date and issue price announcement.