Rights Issue of up to Rs 7.57 Cr at 3:2 ratio opens Aug 10

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

-2.9%Reaction day

₹31.21

prior close

₹32.77

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-3.3% vs market

Diversified Commercial Services peers, median of 72sector+0.0%-2.9% vs sector

On the reaction day the stock moved 3.3 pts less than Nifty Microcap 250 and 2.9 pts less than its Diversified Commercial Services 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

—

15m

-7.5

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.9+0.4-3.3+0.0-2.9

Next day

+4.1+1.8+2.4+0.0+4.1

+2.5+0.5+2.1+0.0+2.5

+4.9+0.9+4.0+0.2+4.7

-1.5+0.3-1.8+0.0-1.5

-44.9+1.4-46.3+0.0-44.9

-50.2+3.2-53.5+0.3-50.5

15d

-45.9+5.4-51.3+1.3-47.2

-51.2+6.4-57.6-0.5-50.7

-61.6+6.3-67.9-3.7-57.9

-60.8-3.6-57.2-10.2-50.7

UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 72Pending

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

AI summary

Board approved a Rights Issue of up to 75,75,000 equity shares at Rs 10 each (at face value, no premium), aggregating up to Rs 757.50 Lakhs. Ratio is 3 shares for every 2 held. Record date is July 31, 2026. Issue opens Aug 10 and closes Sep 3, 2026. Outstanding shares will rise from 50.50 lakh to 126.25 lakh on full subscription. Eligible shareholders can apply or renounce rights.

Likely market impact

Significant equity dilution expected. Issue priced at face value, no premium for existing holders. Eligible shareholders must decide to apply or renounce by Sep 3.