Allotment of 2.39 crore equity shares under Rights Issue

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

-4.8%Reaction day

₹17.85

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%-3.5% vs market

On the reaction day the stock moved 3.5 pts less than Nifty Microcap 250, 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-4.8-1.3-3.5

Next day

-9.5-1.3-8.2

-14.0+0.0-14.0

-9.8-0.2-9.6

-14.6-3.0-11.6

-14.0-2.7-11.3

-14.0-1.7-12.3

15d

-4.2-8.9+4.7

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UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Company allotted 2,39,13,000 equity shares at INR 10 each (equal to face value) under its Rights Issue. Post-allotment paid-up capital rises to 4,78,28,852 shares (about INR 47.83 crore), nearly doubling from 2,39,15,852 shares pre-issue. No premium charged on the issue price.

Likely market impact

Share count nearly doubles, which may dilute EPS. Price impact depends on how the funds raised are deployed by the company.