Announced Thu, 15 Oct, 2026 · 14:05 IST

EGM Nov 6: share swap to acquire Success Electronics, warrants issue

Corporate Actions View source PDF Explain this filing

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

₹196.00

prior close

₹193.90

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.6%+0.6% vs market

Aluminium, Copper & Zinc Products peers, median of 7sector+0.7%-1.7% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 1.7 pts less than its Aluminium, Copper & Zinc Products 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

—

10m

-0.5

15m

-0.5

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.0-1.6+0.6+0.7-1.7

Next day

+4.1-1.0+5.0-0.8+4.8

+5.2-2.6+7.8-0.9+6.1

+4.1-5.1+9.2-5.5+9.6

+5.1-6.1+11.2-4.0+9.1

-0.3-8.3+8.0-6.8+6.5

+1.9pendingpending-1.7+3.6

15d

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UpDownMarket · Nifty Microcap 250Sector · Aluminium, Copper & Zinc Products peers, median of 7Pending

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

AI summary

EGM on Nov 6, 2026 via video conferencing. Resolutions: raise authorized capital from INR 11.10 crore to INR 15 crore; issue 21 lakh equity shares at INR 144 (INR 30.24 crore) via share swap to acquire 100 percent of Success Electronics (aluminium HPDC, EV/auto); and issue 8.11 lakh warrants at INR 144 (INR 11.68 crore).

Likely market impact

Strategic expansion into aluminium die casting and EV supply chain. Share dilution about 21 percent from swap plus further potential from warrants.