Announced Wed, 30 Sept, 2026 · 11:34 IST

Promoters acquire 10.67 lakh warrants via preferential issue

Promoter Stake BuyPromoter Below 50pctOwnership Changes View source PDFExplain this filing

Price

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▲ 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
+10.2%1-day move
₹21.06
prior close
₹22.11
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+10.2+5.7-0.5-4.8+0.1—————
Up moveDown movePending
AI summary

Promoters Rajinder Kaul, Arun Kaul and Sanjay Verma acquired 10,67,725 convertible warrants via preferential allotment on 29 Sep 2026. Each warrant converts into one Rs 5 equity share within 18 months. Promoter holding after the issue stands at 48.42% on post-issue paid-up capital but rises to 50.25% on a fully diluted basis including warrants.

Likely market impact

Positive signal. Promoters boosting stake via warrants shows confidence. Post-conversion holding around 50.25% on diluted basis.