Announced Mon, 27 Apr · 21:24 IST

Allotment of equity shares on conversion of warrants

Warrants ConvertedFund Raising View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+0.6%1-day move
₹1.61
prior close
₹1.61
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.7+4.3+4.3+4.3+0.6-2.5-7.5-6.2-6.8-7.5-13.0-13.0-24.8
Up moveDown movePending
AI summary

Mehai Technology has informed the stock exchanges about the allotment of equity shares arising from the conversion of warrants, in line with SEBI LODR Regulation 30. This is a routine corporate action where warrant holders exercised their right to convert warrants into full equity shares of the company. No further financial details (number of shares, conversion price, allottees) are available from the filing as the source page did not load.

Likely market impact

Likely share dilution for existing shareholders as new equity shares are issued upon warrant conversion; impact on stock price depends on conversion terms.