Allotment of 10.42 cr shares on partial FCCB conversion at INR 1 per share

Fund Raising View source PDF Explain this filing

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

-4.3%Reaction day

₹1.16

prior close

₹1.18

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%-3.7% vs market

Other Food Products peers, median of 24sector+0.0%-4.3% vs sector

On the reaction day the stock moved 3.7 pts less than Nifty Microcap 250 and 4.3 pts less than its Other Food Products 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

-0.8

10m

-0.8

15m

-0.8

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.3-0.6-3.7+0.0-4.3

Next day

-8.6-0.9-7.7+0.1-8.7

-4.3+0.1-4.4+0.5-4.8

-5.2+0.3-5.5-0.3-4.9

-6.0+1.2-7.2+1.1-7.1

-6.0+0.8-6.9+3.1-9.2

-7.8+0.3-8.1+1.1-8.9

15d

-7.8-0.2-7.5+1.4-9.2

-7.8+0.6-8.3-1.7-6.1

+69.0+4.7+64.3+0.9+68.0

+50.9+5.4+45.4-0.1+51.0

UpDownMarket · Nifty Microcap 250Sector · Other Food Products peers, median of 24Pending

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

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.