Announced Mon, 13 Jul · 19:41 IST
Promoter V Chandrasekhar Reddy converts warrants into equity shares
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
+5.3%1-day move
₹67.45
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+5.3-1.4-0.7-1.5+3.4+1.1————
Up moveDown movePending
AI summary
Promoter Vupparapalli Chandrasekhar Reddy converted 7,75,000 warrants into equity shares under a preferential allotment on 9 July 2026. His direct holding rose from 8.92 percent to 10.21 percent of voting capital. Combined promoter group holding, including PAC Vupparapalli Pavani, increased from 11.95 percent to 12.75 percent. Total share capital expanded to 2.847 crore shares from 2.389 crore shares as part of the preferential allotment.
Likely market impact
Promoter stake rises via warrant conversion, signalling confidence. Minor dilution to existing shareholders from preferential share issuance.