Orchasp gets NSE/BSE approval for 2.69 cr share preferential allotment to promoter
ORCHASP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 1.0 pts less than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Orchasp Limited received in-principle approval from BSE and NSE on December 12, 2025 for preferential allotment of 2,68,75,000 equity shares (face value Rs 2) at not less than Rs 3.20 per share, totaling about Rs 8.6 crore. Shares will be issued to the promoter against conversion of unsecured loan dues, turning promoter debt into equity.
Promoter loan of Rs 8.6 crore being converted to equity. Reduces debt burden but adds about 2.69 crore new shares, diluting existing shareholders.