Board approves proposal to raise up to Rs 200 Crores

Fund Raising View source PDF Explain this filing

RELIABLE · price

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

+2.8%Reaction day

₹139.40

prior close

₹142.10

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+2.4% vs market

Other Financial Services peers, median of 83sector+0.0%+2.8% vs sector

On the reaction day the stock moved 2.4 pts more than Nifty Microcap 250 and 2.8 pts more than its Other Financial 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

+0.8

10m

-0.1

15m

+0.6

30m

+3.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.8+0.4+2.4+0.0+2.8

Next day

+4.7+1.7+3.0-0.0+4.8

+6.2+0.2+6.0+0.0+6.2

+6.3+0.5+5.8-0.5+6.9

+4.0-1.1+5.1-0.9+4.9

+4.7-0.1+4.7-2.0+6.6

+1.8-1.6+3.5-2.4+4.2

15d

-1.0-1.4+0.4-2.8+1.8

-6.0-7.4+1.4-6.3+0.3

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UpDownMarket · Nifty Microcap 250Sector · Other Financial Services peers, median of 83Pending

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

AI summary

Board approved proposal to raise funds up to Rs 200 Crores for upcoming projects, expansion of existing projects, and working capital. Routes may include Preferential Allotment, QIP, Rights Issue, or other permitted modes through equity shares or equity-linked securities. Postal Ballot notice also approved to seek shareholder approval. Final size, price, and mode to be decided later.

Likely market impact

Possible share dilution pending Postal Ballot approval; final terms yet to be decided.