Board approves capital reduction and share consolidation

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

-1.7%Reaction day

₹1.81

prior close

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announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-2.1% vs market

Other Financial Services peers, median of 91sector-0.5%-1.2% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 1.2 pts less than its Other Financial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Sessions after the filingfrom the prior close

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Reaction day

-1.7+0.4-2.1-0.5-1.2

Next day

-3.3+0.9-4.3-0.5-2.8

-5.0+0.8-5.8-0.9-4.1

-6.6+0.6-7.2-1.3-5.3

-8.3+0.7-9.0-1.2-7.1

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-13.3-1.9-11.4-2.0-11.3

15d

-23.8-0.6-23.2-3.5-20.2

-29.3-1.0-28.2-3.6-25.6

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UpDownMarket · Nifty Microcap 250Sector · Other Financial Services peers, median of 91Pending

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

AI summary

Ontic Finserve board approved a scheme to reduce and consolidate share capital. Existing 9 crore equity shares of Re.1 each will drop to 90 lakh shares, then consolidate every 10 shares of Re.1 into 1 share of Rs.10. No cash outflow. Purpose: write off accumulated losses and improve the balance sheet. No change in shareholding pattern. Subject to NCLT and shareholder approval. AGM set for Sept 30, 2026.

Likely market impact

Share count falls 90 percent, face value rises 10 times. Ownership unchanged. Move aims to clear accumulated losses.