Board approves converting promoter loan into 1.5 crore equity shares

Fund Raising View source PDF Explain this filing

ORCHASP · price

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

+3.6%Reaction day

₹1.37

prior close

₹1.40

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.0%+4.6% vs market

Computers - Software & Consulting peers, median of 66sector+0.0%+3.6% vs sector

On the reaction day the stock moved 4.6 pts more than Nifty Microcap 250 and 3.6 pts more than its Computers - Software & Consulting 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

+0.7

10m

+7.1

15m

+5.0

30m

+3.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.6-1.0+4.6+0.0+3.6

Next day

+2.9-1.5+4.5-0.6+3.5

+0.7-0.9+1.7-0.1+0.9

+1.5-0.3+1.7-0.5+2.0

-5.1+0.1-5.2-2.2-2.9

+0.7+0.7+0.1-2.7+3.5

+5.8+0.3+5.5-4.4+10.2

15d

+0.7+1.0-0.2-4.4+5.2

-5.8-2.4-3.5-7.9+2.0

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UpDownMarket · Nifty Microcap 250Sector · Computers - Software & Consulting peers, median of 66Pending

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

AI summary

Orchasp Limited board approved converting a loan owed to promoter group entity Wahtulmsylh Limgawlat into 1,50,00,000 equity shares at Rs.4.74 per share (face value Rs.2 plus premium Rs.2.74), aggregating Rs.7.11 crores, on a preferential basis. Board also appointed three directors and set AGM for September 30, 2026. Subject to shareholder approval.

Likely market impact

Debt-to-equity conversion reduces company liabilities but dilutes existing shareholders by about 2.12%. No fresh cash inflow.