Announced Mon, 20 Jul · 17:05 IST
Rose Merc allots 16,917 shares on warrant conversion
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
-7.2%1-day move
₹69.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-7.2-7.0-1.6-3.8-3.0—————
Up moveDown movePending
AI summary
Rose Merc Limited allotted 16,917 equity shares on conversion of warrants at Rs 90 each (face value Rs 10, premium Rs 80). Non-promoters Vijay Acharya got 16,667 shares and Rajesh Dilip More got 250. Post-allotment paid-up equity capital rises to about Rs 6.87 crore across 68,74,047 shares.
Likely market impact
Minor dilution as warrants convert into shares. No new funds raised at this stage since warrants were issued earlier on preferential basis.