Post-issue ad published for rights issue allotment basis

Compliance View source PDF Explain this filing

Price

Loading chart…

▲ 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

-4.7%Reaction day

₹22.00

prior close

₹20.50

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-4.4% vs market

Non Banking Financial Company (NBFC) peers, median of 221sector-0.1%-4.6% vs sector

On the reaction day the stock moved 4.4 pts less than Nifty Microcap 250 and 4.6 pts less than its Non Banking Financial Company (NBFC) 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

—

10m

—

15m

—

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.7-0.2-4.4-0.1-4.6

Next day

-15.8-3.0-12.8-1.9-14.0

-13.4-2.7-10.7-1.3-12.1

-11.4-1.9-9.5-0.9-10.5

-10.7-1.7-9.0-0.6-10.1

-11.5-1.0-10.4-0.2-11.2

-11.6-2.0-9.6-0.8-10.8

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 221Pending

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

AI summary

Salem Erode Investments published the post-issue advertisement for its rights issue in Financial Express, Jansatta and Makkal Kural on Oct 7, 2026. The issue was for up to 1,14,65,520 equity shares at ₹20 each (incl. ₹19 premium) in a 1:1 ratio, aggregating up to ₹2,293.10 lakhs. Record date was Sept 3, 2026.

Likely market impact

Procedural compliance step. Informs shareholders about basis of allotment for the rights issue. No immediate price impact expected.