Announced Tue, 14 Jul · 10:45 IST
Promoter group acquires 3.94 lakh warrants via preferential allotment
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
-2.9%1-day move
₹56.21
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-2.9-3.4-5.6-6.1-3.9-4.8————
Up moveDown movePending
AI summary
Pramila Jain along with promoter group entities of Porwal Auto Components acquired 3,94,735 warrants through preferential allotment on 9 July 2026 for about Rs. 15.10 crore. This equals 2.29% of the fully diluted share capital. Post-acquisition, the promoter group's combined holding rose to 65,05,956 shares and warrants, representing 36.25% of voting capital and 37.71% on a diluted basis. Total equity share capital expanded to 1.685 crore shares.
Likely market impact
Promoters signal confidence by infusing fresh capital; their stake climbs past 37% diluted, still below the 50% threshold.