Shanti Gold files draft rights issue of up to Rs 100 crore

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SHANTIGOLD · 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

-1.0%Reaction day

₹223.70

prior close

₹223.69

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-1.2% vs market

Gems Jewellery And Watches peers, median of 29sector+0.1%-1.1% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 1.1 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

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15m

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30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.0+0.2-1.2+0.1-1.1

Next day

-1.6+1.0-2.6+1.3-2.9

-1.3+0.7-2.0+2.0-3.4

-1.2+0.9-2.1+2.1-3.3

-2.6+0.2-2.7+2.1-4.7

-1.7-1.8+0.2+1.6-3.3

-5.3+1.4-6.7+6.8-12.1

15d

-7.1-0.6-6.5+6.1-13.2

-1.9+1.5-3.4+10.9-12.7

+5.5+4.5+1.0+14.8-9.3

+36.4+3.1+33.4+15.1+21.3

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 has filed the Draft Letter of Offer with the stock exchanges for a proposed rights issue of fully paid-up equity shares of face value Rs 10 each. The total issue size will not exceed Rs 100 crore. Final issue price, entitlement ratio, and record date are yet to be announced. Existing equity shareholders as on the record date will be eligible to apply. Aryaman Financial Services is the lead manager and Big Share Services is the registrar.

Likely market impact

Eligible shareholders can subscribe to additional shares in proportion to their holdings once the record date, price and ratio are announced.