Shareholders approve reclassification of authorised share capital

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

+0.5%Reaction day

₹249.00

prior close

₹254.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+0.7% vs market

Auto Components & Equipments peers, median of 124sector-0.0%+0.5% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 0.5 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.5

10m

+0.5

15m

-1.5

30m

+0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.5-0.3+0.7-0.0+0.5

Next day

-1.3-1.5+0.2-1.6+0.3

-0.3-1.5+1.2-2.3+2.0

-4.2-0.2-4.0-1.7-2.5

-0.8-0.5-0.4-2.0+1.1

-4.3-3.2-1.1-4.1-0.2

-2.5-2.2-0.4-3.4+0.9

15d

-14.5-9.5-5.1-9.8-4.8

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UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 124Pending

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

AI summary

At the 55th AGM on Sept 29, 2026, shareholders approved a special resolution to reclassify the authorised share capital of Rs. 195.9 crore into 5.3 crore equity shares of Rs 10 each and 14.3 crore preference shares of Rs 10 each. The Memorandum of Association has been amended accordingly to reflect this new capital structure.

Likely market impact

Administrative restructuring of authorised capital. No change in issued shares or immediate impact on shareholder value.