9.91 crore warrants lapse after 18-month deadline, Rs 24 crore forfeited

Fund Raising View source PDF Explain this filing

SARVESHWAR · price

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▲ 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

+3.3%Reaction day

₹3.91

prior close

₹3.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+2.0%+1.3% vs market

Other Agricultural Products peers, median of 53sector+0.2%+3.1% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 3.1 pts more than its Other Agricultural Products 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

+0.3

10m

+0.8

15m

+0.8

30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.3+2.0+1.3+0.2+3.1

Next day

+5.1+1.6+3.5+0.1+5.0

+3.1+3.5-0.4+0.1+3.0

+2.0+2.2-0.1+1.2+0.8

+4.1+6.0-1.9+1.7+2.4

+5.9+7.4-1.5+2.2+3.6

+2.8+5.5-2.6+0.7+2.2

15d

+4.1+7.1-3.1+0.4+3.6

-6.9+1.3-8.2+0.0-6.9

-35.3-8.1-27.2-10.4-24.9

+2.6+12.1-9.5+8.5-5.9

UpDownMarket · Nifty Microcap 250Sector · Other Agricultural Products peers, median of 53Pending

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

AI summary

Sarveshwar Foods allotted 10.2 crore warrants in July 2024 at Rs 9.70 per share on a preferential basis. The 18-month conversion deadline ended 24 January 2026. Only 29 lakh warrants were converted into equity shares, while 9.91 crore warrants lapsed as allottees did not exercise their option. The 25 percent upfront amount of Rs 24.03 crore stands retained. No change in capital structure results from the lapse.

Likely market impact

Reduces expected equity dilution. Rs 24 crore stays with the company. Low conversion rate signals weak warrant holder confidence at Rs 9.50 strike.