Board approves rights issue to raise up to Rs 30 crore

Fund Raising View source PDF Explain this filing

ONELIFECAP · price

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

+2.1%Reaction day

₹16.40

prior close

₹16.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+1.7% vs market

On the reaction day the stock moved 1.7 pts more than Nifty Microcap 250, 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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10m

+2.2

15m

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30m

+2.8

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+2.1+0.4+1.7

Next day

+3.4+0.7+2.6

+3.0+1.2+1.8

-3.2+0.6-3.7

-2.4-0.3-2.1

-3.2-0.7-2.6

-4.8+2.0-6.7

15d

-2.4+2.7-5.1

-5.1-2.3-2.8

-10.7+0.6-11.3

-7.8-8.3+0.5

UpDownMarket · Nifty Microcap 250Pending

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AI summary

Onelife Capital Advisors board approved raising up to Rs 30 crore through a rights issue of equity shares (face value Rs 10) to existing shareholders. Issue price, entitlement ratio, and record date will be decided later by a newly formed Rights Issue Committee. Board also approved acquiring equity shares of Family Care Hospitals from a related party promoter.

Likely market impact

Eligible shareholders may get rights entitlement to buy more shares, causing potential dilution. Also signals a related-party hospital acquisition.