Board approves higher authorised capital and preferential warrants issue

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

+1.9%Reaction day

₹2.67

prior close

₹2.77

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%+0.6% vs market

Diversified Commercial Services peers, median of 79sector+0.0%+1.8% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 1.8 pts more than its Diversified Commercial Services 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

-1.1

10m

-1.4

15m

-1.4

30m

-1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.9+1.3+0.6+0.0+1.8

Next day

+4.9+1.1+3.8+0.0+4.9

+4.9-1.7+6.6-0.9+5.8

+4.9-1.5+6.3-1.1+5.9

+7.9-0.6+8.5-1.1+9.0

+7.9-0.4+8.3-1.0+8.8

+10.1-1.4+11.5+0.0+10.1

15d

-5.2-6.0+0.8-3.7-1.5

-6.0pendingpending-1.5-4.4

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UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 79Pending

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

AI summary

Pro Fin Capital Services board approved raising authorised share capital from Rs 65 crore to Rs 94 crore and issuing up to 33 crore convertible equity warrants on a preferential basis at Rs 2.80 each, including Rs 1.80 premium, aggregating Rs 92.40 crore. Allottees are 61 public category persons. Correm Advisory gets the largest share at 10.84 percent post-issue. Total post-issue holding of allottees would reach 35.77 percent. EGM and special resolution approval needed.

Likely market impact

Preferential warrants to 61 allottees may dilute existing shareholders by up to about 35.77 percent once converted. Subject to EGM approval.