Shivam Autotech Files Letter of Offer for Rs 120 Crore Rights Issue

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SHIVAMAUTO · price

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Price reactionminutes from the announcement price · days from the prior close

+6.9%Reaction day

₹18.05

prior close

₹18.96

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+6.2% vs market

On the reaction day the stock moved 6.2 pts more than Nifty Microcap 250, 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

-3.7

10m

-5.1

15m

-2.7

30m

-5.0

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+6.9+0.7+6.2

Next day

-5.8-1.0-4.9

-7.8-0.3-7.6

-12.7-1.9-10.8

-19.5-4.5-15.0

-16.9-5.5-11.4

-23.0-7.3-15.7

15d

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UpDownMarket · Nifty Microcap 250Pending

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AI summary

Shivam Autotech has submitted the Letter of Offer for a proposed rights issue of 10 crore equity shares at Rs 12 each (face value Rs 2, premium Rs 10), aggregating up to Rs 120 crore. The ratio is 19 rights shares for every 25 held. Record date is October 15, 2026. Issue opens October 22 and closes November 19, 2026.

Likely market impact

Eligible shareholders as on October 15, 2026 can subscribe to the rights issue. Not acting may dilute holdings. Company raises Rs 120 crore.