Postal ballot: Krsnaa Diagnostics promoter warrants issue approved
KRSNAA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.7 pts more than Nifty Microcap 250 and 1.1 pts more than its Healthcare Service Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Krsnaa Diagnostics shareholders approved issuing up to 16,21,000 warrants convertible into equity shares of Rs.5 face value on a preferential basis to the promoter and promoter group through postal ballot. Voting closed September 17, 2026 with 92.69 percent votes in favor and 7.31 percent against.
Promoters getting warrants signals confidence, but conversion will dilute existing shareholders and create potential share supply overhang.