Promoter converts warrants into 269,360 equity shares

Warrants convertedFund Raising View source PDF Explain this filing

Price

Loading chart…

▲ 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

+1.8%Reaction day

₹44.60

prior close

₹47.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+1.4% vs market

Breweries & Distilleries peers, median of 25sector-0.7%+2.5% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 2.5 pts more than its Breweries & Distilleries 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

-4.3

30m

-3.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.8+0.4+1.4-0.7+2.5

Next day

+5.0+2.1+2.9+2.1+2.9

+3.1+2.2+0.9+2.6+0.5

+4.1+2.9+1.3+1.6+2.6

+2.9+0.3+2.6+1.6+1.3

+0.9+1.8-0.8+1.9-1.0

+7.6+4.2+3.4+6.4+1.2

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Breweries & Distilleries peers, median of 25Pending

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

AI summary

The Preferential Issue Committee approved the allotment of 269,360 shares to promoter Varun Gupta following conversion of warrants issued on November 11, 2025. The warrants were issued at ₹99 per share, totalling ₹2.67 crore. Paid-up capital increased to ₹21.51 crore, divided into 21,508,415 shares of ₹10 each.

Likely market impact

The share count and paid-up capital increased, while existing shareholders’ ownership percentage may fall due to the promoter receiving new shares.