Postal ballot passed for migration to NSE Main Board and BSE listing

Capital Market Events View source PDF Explain this filing

KRISHCA · 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

-10.6%Reaction day

₹188.75

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.7%-9.0% vs market

On the reaction day the stock moved 9.0 pts less than Nifty Microcap 250, 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-10.6-1.7-9.0

Next day

-6.3-4.2-2.0

-7.3-5.2-2.1

-7.4-7.4-0.0

-9.5-7.0-2.4

-10.5-5.5-5.0

+2.2pendingpending

15d

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UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Krishca Strapping Solutions shareholders approved migrating listing from NSE Emerge (SME) platform to NSE Main Board and simultaneous direct listing on BSE Main Board via postal ballot. 99.98 percent voted in favour (87,54,000 of 87,56,000 votes polled). Promoters backed the move with 100 percent support.

Likely market impact

Positive for shareholders. Migration to main board may improve visibility, liquidity and institutional participation in the stock.