Announced Thu, 25 Jun · 21:02 IST
Ravindra Energy allots equity shares under rights issue
Corporate Actions View source PDF
RELTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.2%1-day move
₹161.49
prior close
₹161.49
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.9-0.8-0.6+0.1+2.2+3.2+2.3+4.0+10.4+11.0+9.0———
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AI summary
Ravindra Energy has completed the allotment of equity shares to eligible shareholders under its rights issue. New shares have been issued on a rights basis, allowing existing shareholders to subscribe to additional shares in proportion to their current holdings.
Likely market impact
Equity base expands; shareholders who exercised rights receive new shares, potential dilution for non-participants.