In-principle approval for preferential issue of shares and warrants

Fund Raising View source PDF Explain this filing

MUFIN · 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

-2.5%Reaction day

₹118.52

prior close

₹120.12

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.4%-1.1% vs market

Non Banking Financial Company (NBFC) peers, median of 208sector-0.4%-2.1% vs sector

On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 2.1 pts less than its Non Banking Financial Company (NBFC) 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

+0.6

10m

+1.2

15m

+0.7

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.5-1.4-1.1-0.4-2.1

Next day

-2.4-1.6-0.8-0.4-2.0

-2.2-1.4-0.8-0.9-1.3

-2.2-2.7+0.5-1.9-0.3

-1.7-2.5+0.8-2.2+0.5

-2.5-2.3-0.3-2.4-0.2

-7.2-5.4-1.8-5.2-2.1

15d

-14.8-10.5-4.3-8.3-6.5

-13.3-10.3-3.0-8.6-4.7

-2.5+1.6-4.1-2.9+0.5

+0.6+3.8-3.2-5.2+5.8

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 208Pending

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

AI summary

Mufin Green Finance has received in-principle approval from NSE and BSE for a preferential issue comprising 3.43 crore equity shares (Re.1 face value) at not less than Rs.98 to non-promoters, and 76.53 lakh warrants convertible into equity shares at the same minimum price to promoters. Allotment is subject to SEBI ICDR Regulations and other statutory approvals.

Likely market impact

Potential dilution for existing shareholders from preferential allotment and warrant conversion; minimum price of Rs.98 signals insider confidence.