Board approves 100% acquisition of MTOW and Reown via share swap

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Price reactionminutes from the announcement price · days from the prior close

+5.0%Reaction day

₹53.97

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+6.3% vs market

Other Textile Products peers, median of 190sector-0.9%+5.8% vs sector

On the reaction day the stock moved 6.3 pts more than Nifty Microcap 250 and 5.8 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+5.0-1.3+6.3-0.9+5.8

Next day

+10.2-1.3+11.5-1.3+11.5

+15.7+0.0+15.7-0.6+16.3

+21.5-0.2+21.7-0.6+22.1

+27.6-3.0+30.5-2.0+29.6

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+47.7-1.7+49.4-1.1+48.8

15d

+38.0-8.9+46.9-6.8+44.8

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 190Pending

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

AI summary

Prabhhans board approved acquiring 100% of Mtow Mobility (EV and batteries, FY26 turnover Rs. 38.44 Cr) and Reown Device (refurbished electronics) via share swap. Will issue up to 2.83 crore equity shares at Rs. 41.30 each, totaling about Rs. 117.16 Cr. Also approved 33.45 lakh convertible warrants at Rs. 41.30 each, raising up to Rs. 13.81 Cr. Authorized capital rising from Rs. 12 Cr to Rs. 38 Cr. EGM on Oct 30, 2026.

Likely market impact

Heavy dilution ahead: new investors will hold about 82% post-issue. Diversifies into EV and electronics but adds integration and share-swap execution risk.