Announced Tue, 14 Jul · 10:47 IST
Promoters acquire 3.94 lakh warrants via preferential allotment, 2.29 percent stake rise
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 and promoter group members of Porwal Auto Components acquired 3,94,735 warrants via preferential allotment on 9 July 2026, representing 2.29 percent of fully diluted share capital. Post-acquisition, promoter holding stands at 65,05,956 shares, about 37.71 percent of diluted capital, up from 36.25 percent earlier. Company equity capital expanded from 15.10 crore to 16.85 crore rupees through the issue.
Likely market impact
Shows promoter confidence and commitment. The preferential issue dilutes equity by about 11.6 percent, which may pressure per-share value for existing retail holders.