Board approves up to Rs 1,800 crore QIP and September 2026 results

Fund Raising View source PDF Explain this filing

SKYGOLD · 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

-2.7%Reaction day

₹946.00

prior close

₹940.40

announcement price

In-mkt

timing

Nifty Microcap 250market+1.7%-4.5% vs market

Gems Jewellery And Watches peers, median of 29sector+1.0%-3.7% vs sector

On the reaction day the stock moved 4.5 pts less than Nifty Microcap 250 and 3.7 pts less than its Gems Jewellery And Watches 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

+0.8

10m

+4.8

15m

+1.9

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.7+1.7-4.5+1.0-3.7

Next day

-5.9+1.8-7.7+0.7-6.6

-7.9+2.5-10.4+1.1-9.0

-7.8pendingpending-1.7-6.1

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15d

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UpDownMarket · Nifty Microcap 250Sector · Gems Jewellery And Watches peers, median of 29Pending

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

AI summary

Board approved raising up to Rs 1,800 crore via a QIP or other permitted modes, with pricing and terms still open and shareholder approval needed at the 18 November 2026 EOGM. Warrants or convertible securities are also allowed. Consolidated September quarter revenue was Rs 2,390.66 crore versus Rs 1,484.46 crore, and profit after tax Rs 129.35 crore versus Rs 66.99 crore. The results include a Rs 7.35 crore fraud-related charge.

Likely market impact

Strong profit growth supports sentiment, but the equity raise may dilute shareholders and weigh on the stock. Pricing and use of funds matter.