74.04 lakh equity shares allotted on bond conversion

Fund Raising View source PDF Explain this filing

PAISALO · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+5.0%Reaction day

₹39.22

prior close

₹39.55

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.2%+5.2% vs market

Non Banking Financial Company (NBFC) peers, median of 203sector+0.0%+5.0% vs sector

On the reaction day the stock moved 5.2 pts more than Nifty Microcap 250 and 5.0 pts more than its Non Banking Financial Company (NBFC) 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

-1.1

10m

-1.5

15m

-0.8

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.0-0.2+5.2+0.0+5.0

Next day

-0.3+0.1-0.4+0.1-0.4

-1.5-0.6-0.9+0.0-1.5

+2.4-0.9+3.3-0.3+2.6

+0.6-1.3+1.9-0.6+1.2

-1.0-2.3+1.3-1.0+0.0

-5.0-5.2+0.2-1.9-3.1

15d

+0.6-2.9+3.5-2.7+3.3

-0.4-2.6+2.2-1.8+1.4

-13.0-2.9-10.1-2.6-10.4

-7.0-8.9+2.0-5.0-1.9

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 203Pending

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

AI summary

The board committee approved the allotment of 7,403,585 equity shares of Rs 1 each following the conversion of 4,000 foreign currency convertible bonds. Paid-up capital increased from Rs 90,21,18,289 to Rs 90,95,21,874, while the share count rose by the same 7,403,585 shares.

Likely market impact

Existing shareholders face about 0.8% dilution, and the newly issued shares may add short-term selling pressure to the stock.