Announced Mon, 20 Apr · 17:58 IST
Allotment of 40,000 equity shares on conversion of warrants to non-promoter
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
-1.5%1-day move
₹68.88
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.5-7.1-1.6-7.1-8.5+0.0-3.0-9.2-4.2-1.3
Up moveDown movePending
AI summary
Rose Merc Ltd's Allotment Committee approved converting 40,000 warrants into fully paid-up equity shares of Rs. 10 face value, allotted to Omprakash Singh, a non-promoter. The issue price was Rs. 90 per share, including an Rs. 80 premium. Post-allotment, the company's paid-up equity capital rises to Rs. 6.03 crore, comprising 60,30,824 equity shares, up from 59,90,824 shares earlier.
Likely market impact
Minor equity dilution of about 0.66% from warrant conversion; paid-up capital rises to Rs. 6.03 crore with no new cash infusion implied.