BSE in-principle nod for preferential issue of 28.98 lakh warrants at Rs 147

Fund Raising View source PDF Explain this filing

PROSTARM · 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

-1.5%Reaction day

₹134.35

prior close

₹136.80

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%-1.5% vs market

Other Electrical Equipment peers, median of 52sector-0.7%-0.8% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 0.8 pts less than its Other Electrical Equipment 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

-0.2

10m

-0.9

15m

-0.6

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5+0.0-1.5-0.7-0.8

Next day

-1.3+1.3-2.6-0.4-0.9

-1.9+1.1-3.0-0.4-1.6

-5.1-1.7-3.4-1.8-3.3

-4.0-1.4-2.5-2.9-1.1

-5.1-0.6-4.5-1.9-3.2

-1.0+0.3-1.3-0.8-0.2

15d

-10.7-6.1-4.6-9.6-1.1

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 52Pending

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

AI summary

Prostarm Info Systems received in-principle approval from BSE for a preferential issue of up to 28,98,717 warrants to non-promoters. Warrants are convertible into equal number of equity shares of Rs 10 face value at Rs 147 per share, well above par. Clearance granted under Reg 28(1) of SEBI LODR Regulations, vide letter dated Oct 1, 2026.

Likely market impact

Signals upcoming capital raise via warrant route; potential dilution of about 28.99 lakh shares to non-promoters at Rs 147 each.