Announced Wed, 24 Jun · 19:03 IST
Allotment of 10.42 cr shares on partial FCCB conversion at INR 1 per share
Fund Raising View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-8.6%1-day move
₹1.16
prior close
₹1.18
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-0.8-0.8-0.8-8.6-4.3-5.2-6.0-6.0-7.8-7.8-7.8——
Up moveDown movePending
AI summary
NHC Foods allotted 10,41,77,040 equity shares at INR 1 each to Global Focus Fund on partial conversion of 11 FCCBs of USD 11 lakh. Paid-up capital rose to 76,19,27,040 shares of INR 1 each. 259 FCCBs of USD 100,000 each remain outstanding on Afrinex Exchange.
Likely market impact
Massive equity dilution at face value with no premium. Existing shareholders face steep dilution; 259 more FCCBs may convert further.