Rushil Decor forfeits 25 percent amount on warrants held by Vespera Fund

Fund Raising View source PDF Explain this filing

RUSHIL · price

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

-0.3%Reaction day

₹23.39

prior close

₹23.11

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%-0.7% vs market

Plywood Boards/ Laminates peers, median of 11sector+0.4%-0.7% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.7 pts less than its Plywood Boards/ Laminates 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

+1.2

10m

+0.6

15m

+0.3

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.3+0.5-0.7+0.4-0.7

Next day

+0.9-0.1+1.1+0.4+0.6

+1.2-1.0+2.2-0.7+1.9

+0.9-1.3+2.2+0.1+0.8

+1.8-0.1+1.9-2.7+4.4

+1.8+1.3+0.5+0.0+1.8

-2.5+0.8-3.2-0.7-1.8

15d

-5.1+1.5-6.6-1.2-3.9

-9.1-3.0-6.1-7.0-2.1

-15.3-2.8-12.6-6.2-9.1

-35.8-12.4-23.4-19.1-16.7

UpDownMarket · Nifty Microcap 250Sector · Plywood Boards/ Laminates peers, median of 11Pending

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

AI summary

Rushil Decor Fund Raising Committee approved forfeiture of Rs 7.42 crore, being 25 percent amount paid on 10 lakh convertible warrants held by Vespera Fund. The forfeiture was due to non-receipt of the remaining 75 percent amount, in line with SEBI ICDR Regulation 169(3). Earlier, Vespera Fund consented to the move after a two-week status quo from SAT expired on December 10, 2025.

Likely market impact

Forfeiture of warrants means Vespera Fund loses its 25 percent upfront payment on 10 lakh warrants. Minor capital raising impact, signals weak investor commitment.