Announced Tue, 23 Jun · 20:48 IST
Board approves preferential equity and warrant issues worth about Rs 27.21 cr
Fund Raising View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+9.8%1-day move
₹19.98
prior close
₹20.97
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-4.6-1.0-7.0-9.4+9.8+4.3-0.9-5.9-1.2-9.2+9.5-5.3——
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AI summary
Board approved raising about Rs 27.21 crore via preferential issues. Up to 1.51 crore equity shares at Rs 14.33 to non-promoter investors for about Rs 21.71 crore. Plus up to 38.38 lakh warrants convertible into equity at Rs 14.33 to promoters and non-promoters for Rs 5.5 crore. EGM on July 17, 2026 for member approval.
Likely market impact
Equity dilution of about 1.9 crore shares and warrants. Promoters also participating, which is a positive signal.