NDTV rights issue of up to 48.35 million shares at Rs 82

Corporate Actions View source PDF Explain this filing

NDTV · 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

-2.3%Reaction day

₹131.73

prior close

₹132.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-3.0% vs market

TV Broadcasting & Software Production peers, median of 16sector+0.1%-2.3% vs sector

On the reaction day the stock moved 3.0 pts less than Nifty Microcap 250 and 2.3 pts less than its TV Broadcasting & Software Production 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

-3.7

10m

-3.1

15m

-2.9

30m

-3.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.3+0.8-3.0+0.1-2.3

Next day

-3.6+1.3-4.9+1.2-4.8

-4.5+2.0-6.5+1.8-6.3

-5.9+1.7-7.7+0.9-6.8

-1.5+2.1-3.6+1.0-2.6

-0.6+1.3-1.9+0.0-0.6

-7.4+0.7-8.1-0.9-6.5

15d

-13.5-1.6-11.9-1.2-12.2

-27.9-1.7-26.2-5.1-22.8

-34.2-0.2-34.0-8.6-25.6

-37.2-5.4-31.8-7.8-29.4

UpDownMarket · Nifty Microcap 250Sector · TV Broadcasting & Software Production peers, median of 16Pending

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

AI summary

NDTV's Letter of Offer covers up to 48,353,450 new shares at Rs 82 each, raising up to Rs 396.50 crore. Eligible shareholders may buy 3 shares for every 4 held on September 12. The issue opens September 22, closes October 8 and is scheduled for listing on October 13.

Likely market impact

The issue can strengthen the balance sheet, but full subscription would raise share count by 75%. Holders may face dilution unless they subscribe or sell their rights.