Rights Issue of around Rs. 49.95 Cr at Rs. 1 per share, ratio 7:15

Corporate Actions View source PDF Explain this filing

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

-1.3%Reaction day

₹0.78

prior close

₹0.78

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-1.5% vs market

Non Banking Financial Company (NBFC) peers, median of 224sector+0.1%-1.4% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 1.4 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

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.3+0.3-1.5+0.1-1.4

Next day

-2.6+0.5-3.1-0.1-2.5

-3.8+0.1-3.9+0.1-3.9

-5.1+0.7-5.8+0.1-5.2

-6.4+0.4-6.8+0.4-6.9

-7.7+0.7-8.4+0.9-8.6

-10.3+0.1-10.3+0.0-10.3

15d

-9.0+1.5-10.4-0.7-8.3

-10.3+0.3-10.5-1.9-8.4

-10.3-6.2-4.1-5.0-5.3

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 224Pending

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

AI summary

Board approved a Rights Issue worth about Rs. 4,994.86 Lakhs (around Rs. 49.95 Crores) through 49.94 crore equity shares at Rs. 1 each with no premium. Entitlement ratio is 7 new shares for every 15 existing shares. Record date is August 24, 2026. Issue opens August 31 and closes September 16, 2026, with renunciation allowed until September 10, 2026.

Likely market impact

Eligible shareholders can buy 7 new shares at Rs. 1 each for every 15 held as of August 24, 2026. Issue will dilute existing holdings significantly.