Announced Fri, 16 Oct, 2026 · 15:15 IST

Promoter Converts 4.65 Lakh Warrants Into Equity Shares

Warrants ConvertedFund Raising 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

-4.7%Reaction day

₹48.18

prior close

₹45.90

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-5.4% vs market

Pharmaceuticals peers, median of 173sector+0.1%-4.8% vs sector

On the reaction day the stock moved 5.4 pts less than Nifty Microcap 250 and 4.8 pts less than its Pharmaceuticals 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

+0.0

10m

+0.0

15m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.7+0.7-5.4+0.1-4.8

Next day

-4.5-1.0-3.5-1.2-3.3

-2.4-3.6+1.1-3.0+0.5

-2.4-4.5+2.1-3.9+1.4

-7.3-6.8-0.6-5.0-2.3

-10.8-6.4-4.4-3.9-6.8

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15d

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UpDownMarket · Nifty Microcap 250Sector · Pharmaceuticals peers, median of 173Pending

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

AI summary

Shelter Pharma's Board approved conversion of 465,000 warrants into equity shares at Rs 42.25 each, allotted to promoter and MD Mustaqim Nisarahmed Sabugar. The promoter paid the remaining 75% balance of Rs 31.69 per warrant, totaling about Rs 1.47 crore. Paid-up equity capital rose from Rs 16.84 crore to Rs 17.30 crore. The promoter now holds no outstanding warrants.

Likely market impact

Modest equity dilution from promoter warrant conversion. No new external investors; paid-up capital base rises slightly.