Board to consider preference share conversion and promoter loan to equity

Corporate Actions View source PDF Explain this filing

MADHAVIPL · 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

-1.7%Reaction day

₹7.27

prior close

₹7.21

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-1.9% vs market

Civil Construction peers, median of 100sector+0.5%-2.1% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 2.1 pts less than its Civil Construction 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

-1.0

10m

-1.0

15m

-2.6

30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.7+0.3-1.9+0.5-2.1

Next day

-1.1+1.1-2.2+0.8-1.9

-1.0+1.3-2.3+1.3-2.2

+1.9+2.0-0.1+1.9+0.0

-1.9+0.3-2.3+1.2-3.1

-2.2+1.1-3.3+1.0-3.2

-2.5-3.2+0.8-3.4+1.0

15d

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 100Pending

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

AI summary

Madhav Infra Projects board meets on 13 Oct 2026 to consider two key items: 1) Converting 1 percent Non-Cumulative Redeemable Preference Shares into Compulsorily Convertible Preference Shares and allotting equity upon conversion, and 2) Preferential issue by converting promoter group unsecured loan into fully paid-up equity shares. Both need shareholder approval. Trading window is closed from 1 Oct 2026.

Likely market impact

Preference share conversion is dilutive for existing equity holders. Promoter loan to equity is positive, showing promoter confidence and reducing debt.