Promoter warrants converted; 5.5L shares to list from Sep 29

Capital Market Events View source PDF Explain this filing

PENIND · 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

-1.0%Reaction day

₹182.69

prior close

₹183.47

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%-2.0% vs market

Industrial Products peers, median of 133sector-0.2%-0.7% vs sector

On the reaction day the stock moved 2.0 pts less than Nifty Microcap 250 and 0.7 pts less than its Industrial Products 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

-0.3

15m

-0.8

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.0+1.0-2.0-0.2-0.7

Next day

+0.8+0.8+0.1+0.2+0.6

-4.6-0.5-4.1-1.1-3.5

-2.2-0.5-1.7-1.7-0.5

-2.9+0.8-3.6-0.2-2.6

-1.4+0.5-1.9-0.2-1.2

-6.1-2.0-4.1-2.8-3.3

15d

-13.6-6.4-7.2-7.4-6.2

—————

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 133Pending

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

AI summary

Company got final trading approval from NSE and BSE for 5.5 lakh equity shares (Rs. 5 face value, Rs. 163 premium). These were allotted to promoter Pennar Holdings on July 14, 2026 upon conversion of convertible warrants. Shares will be tradable from September 29, 2026, with lock-in until March 31, 2028.

Likely market impact

Promoter holding increases by 5.5 lakh shares; shares locked until March 2028, limiting near-term supply and signalling promoter confidence.