Announced Fri, 24 Jul · 18:08 IST
Board approves auditor change, 25 cr capital raise, name change to fintech
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
—1-day move
₹90.72
prior close
₹95.25
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary
Board approved: new auditor Shilpi Sharma & Co replacing resigned Luharuka & Associates; 8.55 lakh equity shares to non-promoters at ₹81 (₹6.93 crore); 22.2 lakh convertible warrants at ₹81 (₹17.98 crore); name change to Rupia Tech/Fin/Fintech Limited; pivot from polymers to fintech (digital payments, BBPS); registered office shift from Telangana to Delhi. EGM on August 22, 2026.
Likely market impact
Major capital raise via preferential issue, name change and business pivot from polymers to fintech. Possible dilution for existing shareholders. Subject to EGM approval on August 22.