Board approves NCD issuance of up to 250 crore via private placement

Fund Raising View source PDF Explain this filing

PACEDIGITK · price

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

-0.6%Reaction day

₹166.49

prior close

₹165.56

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-1.4% vs market

Telecom - Infrastructure peers, median of 5sector+0.8%-1.4% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Microcap 250 and 1.4 pts less than its Telecom - Infrastructure 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

+0.3

10m

+0.0

15m

+0.2

30m

+0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6+0.8-1.4+0.8-1.4

Next day

-0.9+1.0-1.9+0.2-1.0

-0.4+1.7-2.2-0.9+0.5

-1.5+0.1-1.5-2.8+1.3

-1.7+0.8-2.5-1.9+0.1

-5.0-0.9-4.1+0.4-5.4

-11.7-4.5-7.2-4.2-7.5

15d

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UpDownMarket · Nifty Microcap 250Sector · Telecom - Infrastructure peers, median of 5Pending

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

AI summary

Pace Digitek board approved issuing up to 2,50,000 rated, listed, secured, redeemable non-convertible debentures (NCDs) with face value up to INR 10,000 each, aggregating up to INR 250 crore. The NCDs will be issued via private placement to eligible investors in one or more tranches and will be listed on the Wholesale Debt Market segment of BSE. Coupon rate, tenure and security details will be shared at the time of allotment.

Likely market impact

Company raising up to 250 crore via secured NCDs; no equity dilution but adds interest burden and debt on books.