Promoter group Micro Age Instruments acquires 23 lakh shares via warrant conversion
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.6 pts more than Nifty Microcap 250 and 6.6 pts more than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Micro Age Instruments Pvt Ltd along with PACs, belonging to the promoter group of Kinetic Engineering, acquired 23,00,000 equity shares through conversion of warrants via preferential allotment on September 24, 2026. Promoter holding rose from 20.52% to 24.94%, a jump of 4.42 percentage points. On the same date, 44,51,000 warrants in total were converted into equity shares.
Positive signal showing promoter confidence in the company; promoter stake climbs to nearly 25%, slightly increasing their influence while diluting non-promoter holdings.