Not classified as Large Corporate under SEBI debt circular

Compliance 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

-5.0%Reaction day

₹31.70

prior close

₹32.90

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-5.3% vs market

Other Financial Services peers, median of 81sector-0.2%-4.8% vs sector

On the reaction day the stock moved 5.3 pts less than Nifty Microcap 250 and 4.8 pts less than its Other Financial Services 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

-2.7

10m

-2.7

15m

-2.7

30m

-2.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.0+0.3-5.3-0.2-4.8

Next day

-0.3+1.1-1.4-0.1-0.2

+4.7+1.3+3.4-0.6+5.3

+10.0+2.0+7.9-0.3+10.3

+4.6+0.3+4.2+0.0+4.6

-0.5+1.1-1.5+0.0-0.5

-1.1-3.2+2.1-2.9+1.8

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Other Financial Services peers, median of 81Pending

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

AI summary

Modern Shares & Stockbrokers has filed with BSE confirming it does not meet the criteria under Clause 2.2 of SEBI's November 2018 circular on fund raising by issuance of debt securities by large entities. The company states it is not a Large Corporate and has no outstanding debt securities, so the disclosure framework does not apply to it. This is a routine annual compliance submission.

Likely market impact

Routine regulatory filing with no material change for shareholders. Company confirms no debt securities and non-Large Corporate status.