Announced Sat, 11 Apr · 17:27 IST
Rights Issue of up to ₹41.06 cr; Record Date April 17, 2026
Fund Raising View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+29.9%1-day move
₹0.87
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+29.9+42.5+31.0+36.8+42.5+41.4+14.9+12.6+24.1+79.3
Up moveDown movePending
AI summary
Panafic Industrials board approved a Rights Issue of up to 4,10,62,500 equity shares at ₹1 each, aggregating up to ₹41.06 crores, in a 5:1 ratio (5 rights shares for every 1 held). Record date is April 17, 2026. Issue opens April 24 and closes May 8, 2026. Post-issue share count will rise from 8.21 cr to 49.27 cr shares if fully subscribed, a 6x expansion of the share base.
Likely market impact
Massive 6x dilution; existing shareholders must subscribe or see their stake shrink significantly.