KIMS gets NSE/BSE nod for 77 lakh warrants to promoters
KIMS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.5 pts more than Nifty Smallcap 250 and 0.5 pts more than its Hospital peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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KIMS has received in-principle approval from BSE and NSE to issue 77,02,182 warrants to promoters on a preferential basis. Each warrant is fully convertible into one equity share of face value Rs 2 at a price not less than Rs 779. Allottees are Dr Abhinay Bollineni, Mr Adwik Bollineni and Bharas Ventures LLP.
Promoter commitment strengthens, but conversion will dilute existing shareholders. The Rs 779 price floor signals promoter confidence in valuation.