Allotment of 3.85M Convertible Warrants to Promoter Group at Rs 260

Fund Raising View source PDF Explain this filing

SATIN · 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

+1.9%Reaction day

₹230.80

prior close

₹234.16

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+1.5% vs market

Finance peers, median of 401sector · industry level-0.1%+2.0% vs sector

On the reaction day the stock moved 1.5 pts more than Nifty Microcap 250 and 2.0 pts more than its Finance 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

-0.7

10m

-0.6

15m

-0.5

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.9+0.4+1.5-0.1+2.0

Next day

-0.1+1.7-1.8-0.0-0.1

+1.0+2.1-1.1-0.3+1.3

+0.5+2.1-1.6-0.3+0.8

-1.9+2.1-4.0-0.2-1.7

-2.5+1.9-4.4-0.5-2.0

-4.2+2.4-6.7-0.6-3.6

15d

-4.1+3.0-7.2-1.9-2.2

-4.9+3.7-8.6-1.7-3.2

-6.6+1.6-8.2-6.0-0.6

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UpDownMarket · Nifty Microcap 250Sector · Finance peers, median of 401Pending

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

AI summary

Satin Creditcare allotted 38,50,000 fully convertible warrants to Trishashna Holdings and Investments, a promoter group entity, on a preferential basis at Rs 260 per warrant, aggregating to Rs 100.10 crore. The allottee has paid 25 percent upfront. On full conversion, total equity shares will rise to 11,43,20,965 with paid-up capital of Rs 114.32 crore.

Likely market impact

Promoter group strengthening stake signals confidence. Possible dilution of around 3.4 percent on full warrant conversion. No cash strain as funds come from promoter.