Announced Tue, 28 Jul · 16:44 IST
In-principle approval received for preferential issue of 6.75 crore shares
SADHNANIQ · 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
-1.9%1-day move
₹2.66
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.9+0.0+4.9+9.8+8.6+13.5+11.7+5.3——
Up moveDown movePending
AI summary
Sadhana Nitrochem has received in-principle approval from BSE and NSE for a proposed preferential issue of 6.75 crore equity shares of Re. 1 each to non-promoters at a minimum price of Rs. 2.06 per share. This is only the exchange clearance stage; the actual allotment is yet to take place. The issue could raise roughly Rs. 13.9 crore at the floor price.
Likely market impact
Dilution ahead: 6.75 crore new shares to non-promoters at minimum Rs. 2.06 each. Watch allotment date and use of funds.