BSE nod for 10 lakh warrants to promoters and non-promoters on preferential basis

Warrants ConvertedFund Raising View source PDF Explain this filing

Price

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Price reactionminutes from the announcement price · days from the prior close

+6.5%Reaction day

₹217.75

prior close

₹219.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+6.3% vs market

Packaging peers, median of 61sector-0.5%+6.9% vs sector

On the reaction day the stock moved 6.3 pts more than Nifty Microcap 250 and 6.9 pts more than its Packaging 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

+0.0

10m

+0.5

15m

+0.5

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+6.5+0.2+6.3-0.5+6.9

Next day

+9.4+0.9+8.5+0.0+9.4

+4.2-0.8+5.0+0.8+3.4

+11.1-0.1+11.2+0.0+11.1

+5.2-1.7+6.9-0.7+5.9

+0.1-4.3+4.4-3.2+3.3

-7.5-7.5+0.0-6.9-0.6

15d

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UpDownMarket · Nifty Microcap 250Sector · Packaging peers, median of 61Pending

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

AI summary

Mitsu Chem Plast has received BSE in-principle approval to issue 10 lakh warrants, each convertible into one equity share of Rs. 10 face value. Minimum issue price is fixed at Rs. 151 per warrant. Allotment will be on a preferential basis to promoters and non-promoters. The actual issue and listing remain subject to further statutory and regulatory compliance.

Likely market impact

Potential equity dilution once warrants convert into 10 lakh shares. Signals capital raise confidence from promoters, near-term share supply may rise.