as per the pdf attached
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.0 pts less than Nifty Microcap 250 and 4.7 pts less than its Residential, Commercial Projects 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.
The Board of Directors of Mega Nirman and Industries Ltd, in its meeting held on February 25, 2026, approved raising of funds through a Rights Issue of equity shares with a face value of Rs. 10 each, for an aggregate amount not exceeding Rs. 50 crores. The issue will be offered to existing eligible equity shareholders as on a record date, which is yet to be notified. A Rights Issue Committee has been constituted to finalise key terms such as issue price, entitlement ratio, record date, payment schedule, and other conditions. The fund-raising is subject to approvals under SEBI ICDR Regulations, SEBI LODR Regulations, and the Companies Act, 2013. The specific purpose or end-use of the raised funds has not been disclosed in this filing.
Existing shareholders will be offered the right to subscribe to their proportionate share, helping them maintain their ownership; non-participants will see their stake diluted. The Rs. 50 crore equity infusion can strengthen the company's capital base, though the lack of disclosed use-of-funds means investors should wait for further details before drawing conclusions on whether this is value-accretive or dilutive.