Announced Fri, 10 Jul · 14:46 IST
EGM approves 55 lakh convertible warrants to promoters and others
Fund Raising View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+10.8%1-day move
₹390.00
prior close
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base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+10.8+16.3+22.2+20.8+21.8+24.9————
Up moveDown movePending
AI summary
SK Minerals shareholders at EGM on 9 July 2026 approved issuing 55 lakh convertible warrants to promoter/promoter group and non-promoter category. Also approved increase in authorized capital. Chairman said funds will support manufacturing expansion, acquisitions, new technologies, and general corporate purposes. Pricing per SEBI norms.
Likely market impact
Promoter group increasing stake; potential dilution when warrants convert. Funds aimed at growth and acquisitions.