Vellora Impact plans Rs 70 Cr Rights Issue

Corporate Actions View source PDF Explain this filing

Price

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▲ 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

-4.6%Reaction day

₹15.47

prior close

₹16.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%-5.7% vs market

Specialty Chemicals peers, median of 94sector+0.4%-5.0% vs sector

On the reaction day the stock moved 5.7 pts less than Nifty Microcap 250 and 5.0 pts less than its Specialty Chemicals 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

-1.2

10m

-8.6

15m

-8.6

30m

-4.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.6+1.1-5.7+0.4-5.0

Next day

-0.5+2.4-2.9+1.6-2.1

-1.6+2.9-4.5+1.3-2.9

-2.6+4.2-6.8+1.8-4.4

-7.2+4.6-11.8+2.7-9.9

-5.3+4.6-9.9+2.2-7.5

-12.6+4.4-17.0+3.0-15.6

15d

-3.3+5.7-9.0+2.6-5.9

-13.8+6.6-20.4+4.3-18.2

-9.4+5.4-14.8+2.6-12.0

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UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 94Pending

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

AI summary

Board of Vellora Impact Ltd (formerly Pratiksha Chemicals) approved a Rights Issue of equity shares (face value Rs 10) to raise up to Rs 70 Crores from existing shareholders. Record date, price and entitlement ratio are yet to be notified. Also approved increasing authorized share capital from Rs 7.5 Cr to Rs 77.5 Cr. Several members reclassified from Promoter Group to Public Category.

Likely market impact

Eligible shareholders on record date will get rights entitlement; terms yet to be decided; potential dilution after issue.