Religare allots 6.38 crore convertible warrants at Rs 235

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RELIGARE · 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

-0.6%Reaction day

₹254.00

prior close

₹253.90

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.8%-1.4% vs market

Investment Company peers, median of 60sector+0.2%-0.9% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Microcap 250 and 0.9 pts less than its Investment Company 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

-0.4

10m

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15m

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30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6+0.8-1.4+0.2-0.9

Next day

+1.2+1.3-0.1+0.0+1.2

+0.4+2.0-1.6+0.8-0.4

-1.1+1.7-2.9+0.4-1.5

-1.2+2.1-3.3+1.2-2.4

-2.5+1.3-3.9+0.2-2.7

+0.7+0.7+0.1+0.2+0.5

15d

-1.4-1.6+0.2-0.9-0.6

+1.1-1.7+2.8-2.8+3.9

+3.0-0.2+3.2-5.0+8.0

-7.5-5.4-2.1-9.0+1.4

UpDownMarket · Nifty Microcap 250Sector · Investment Company peers, median of 60Pending

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

AI summary

Religare allotted 63,829,782 convertible warrants to 11 investors at Rs 235 each, including four promoter entities. Total potential proceeds are Rs 149.999 crore; 25 percent, about Rs 37.5 crore, was received upfront. Each warrant can convert into one equity share within 18 months upon payment of the balance. Paid-up equity capital is unchanged for now.

Likely market impact

Full conversion could add 6.38 crore shares, dilute holders and bring in up to Rs 150 crore. No immediate voting or dividend rights arise.