Promoter group raises stake to 22.36% via warrant conversion

Promoter bought stakeOwnership Changes View source PDF Explain this filing

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

+20.1%Reaction day

₹35.71

prior close

₹40.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+19.9% vs market

Dairy Products peers, median of 12sector-0.2%+20.3% vs sector

On the reaction day the stock moved 19.9 pts more than Nifty Microcap 250 and 20.3 pts more than its Dairy Products 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

-0.5

10m

-0.5

15m

-0.5

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+20.1+0.1+19.9-0.2+20.3

Next day

+35.8-3.2+38.9-0.4+36.1

+33.9-3.3+37.2-0.0+33.9

+28.0-2.5+30.5-1.7+29.7

+43.0-0.9+43.9+0.2+42.8

+35.5-1.1+36.6+1.3+34.2

+32.5+0.6+31.8+1.0+31.4

15d

+50.7-1.4+52.1-1.0+51.7

+39.4-3.3+42.7-3.6+43.0

—————

UpDownMarket · Nifty Microcap 250Sector · Dairy Products peers, median of 12Pending

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

AI summary

Modern Dairies promoter group acquired 19 lakh equity shares by converting warrants allotted through a preferential issue. Group holding rose from 17.44% to 22.36%, a 5.95% increase. Three promoter entities participated: Krishan Goyal HUF, Aditya Goyal, and Chandigarh Finance Pvt Ltd.

Likely market impact

Promoter group increasing stake signals confidence in the business; mildly positive for shareholder sentiment.