Board approves rights issue of equity shares up to Rs 14.50 crore

Fund Raising View source PDF Explain this filing

LIBAS · 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

-5.2%Reaction day

₹12.83

prior close

₹12.96

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-5.5% vs market

Garments & Apparels peers, median of 38sector-0.2%-5.0% vs sector

On the reaction day the stock moved 5.5 pts less than Nifty Microcap 250 and 5.0 pts less than its Garments & Apparels 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

+0.3

10m

+1.9

15m

+1.4

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.2+0.2-5.5-0.2-5.0

Next day

-5.5+1.1-6.6-0.8-4.7

-4.5+1.1-5.6-0.4-4.1

-6.0-0.9-5.1-1.8-4.2

-5.1+1.0-6.0-0.4-4.6

-4.2-0.5-3.7-2.8-1.4

-5.8+1.4-7.2-1.4-4.5

15d

-7.2+6.2-13.5+6.4-13.7

-11.6+7.1-18.7+3.7-15.3

-21.0+8.0-29.0+1.8-22.9

-18.9+11.2-30.1-5.0-13.9

UpDownMarket · Nifty Microcap 250Sector · Garments & Apparels peers, median of 38Pending

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

AI summary

Libas Consumer Products Limited board, on June 2, 2026, approved raising funds up to Rs 14.50 crore through a rights issue of equity shares with face value of Rs 10 each. The offer will be made to existing eligible shareholders on a record date to be notified later. A Rights Issue Committee with three directors has been formed to oversee the process. The issue is subject to SEBI and other regulatory approvals. Terms will be detailed in the Letter of Offer to be sent to shareholders.

Likely market impact

Existing shareholders will get right to buy additional shares; non-participation may dilute holdings. Stock reaction depends on issue price.