Natco Pharma allots 17.06 million rights shares at ₹750 each
NATCOPHARM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.8 pts less than Nifty Smallcap 250 and 0.9 pts less than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Natco Pharma approved the allotment of 17,058,082 equity shares at ₹750 each under its rights issue. Paid-up capital rose from ₹35.82 crore to ₹39.23 crore, while total shares increased from 17.91 crore to 19.62 crore. The gross issue value was about ₹1,279.36 crore.
The issue raises about ₹1,279.36 crore and lifts share count by 9.5%. Eligible holders can avoid dilution by subscribing; non-participants face a smaller stake.