Shanti Gold board approves Rights Issue up to Rs 100 crore

Fund Raising View source PDF Explain this filing

SHANTIGOLD · price

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

+0.3%Reaction day

₹223.09

prior close

₹225.03

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%-0.8% vs market

Gems Jewellery And Watches peers, median of 29sector+1.3%-1.0% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 1.0 pts less than its Gems Jewellery And Watches 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

+0.2

10m

+0.0

15m

+0.0

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3+1.0-0.8+1.3-1.0

Next day

-0.8+1.2-2.0+1.3-2.1

-1.3+2.1-3.4+3.1-4.4

-1.1+1.7-2.8+2.7-3.7

-1.0+1.9-2.9+2.8-3.7

-2.3+1.2-3.5+2.8-5.1

-3.9+1.1-5.0+5.9-9.9

15d

-4.7+1.6-6.4+9.7-14.4

-3.4+0.1-3.5+6.8-10.2

+10.0+6.6+3.4+15.5-5.5

+38.5+5.5+33.0+23.5+15.0

UpDownMarket · Nifty Microcap 250Sector · Gems Jewellery And Watches peers, median of 29Pending

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

AI summary

Shanti Gold International's board has approved raising up to Rs 100 crore through a Rights Issue of fully paid-up equity shares of Rs 10 face value. The issue will be offered to eligible existing shareholders on a record date to be notified later. The board will decide issue price, entitlement ratio, and other terms subsequently. The move is subject to regulatory and statutory approvals under SEBI and Companies Act rules.

Likely market impact

Existing shareholders may need to invest additional funds to maintain their stake. Non-participation could lead to dilution of holdings.