Board to consider preferential fund raise on August 22

Fund Raising View source PDF Explain this filing

SIGACHI · price

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

-1.4%Reaction day

₹29.40

prior close

₹28.55

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%-0.8% vs market

On the reaction day the stock moved 0.8 pts less 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

+0.2

10m

+1.9

15m

+1.4

30m

+1.4

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-1.4-0.6-0.8

Next day

+3.1-0.1+3.1

+2.6+0.2+2.4

+3.6+0.4+3.1

+14.2+0.0+14.2

+15.0+0.6+14.4

+13.0+0.7+12.3

15d

+21.1+1.5+19.6

+6.0+0.2+5.7

-9.2-3.7-5.5

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UpDownMarket · Nifty Microcap 250Pending

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

AI summary

The Board will meet on August 22, 2026, to consider raising funds through equity shares, convertible warrants or other convertible securities. The proposed preferential issue would be open to promoters, promoter group members and non-promoters, subject to approvals. The trading window is closed until 48 hours after the meeting.

Likely market impact

Issue size, price and dilution are not disclosed, so shareholder impact is unclear. The announcement may cause short-term stock volatility.