We hereby inform you that the Preferential issue Committee of the Board of Director today consider and approved the allotment of 724574640 Equity Share

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

+0.0%Reaction day

₹0.39

prior close

₹0.38

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.2%-1.2% vs market

Non Banking Financial Company (NBFC) peers, median of 194sector+0.1%-0.1% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 0.1 pts less than its Non Banking Financial Company (NBFC) 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

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Sessions after the filingfrom the prior close

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Reaction day

+0.0+1.2-1.2+0.1-0.1

Next day

-5.1+0.1-5.2-0.4-4.7

-5.1+0.9-6.0+0.2-5.3

-5.1+0.8-5.9+0.1-5.2

-5.1+1.4-6.6+0.2-5.3

+0.0+2.0-2.0-0.3+0.3

-2.6+2.3-4.8+0.6-3.2

15d

+87.2+5.2+82.0+1.5+85.6

+69.2+1.6+67.7-1.7+71.0

+59.0+7.7+51.3+0.2+58.8

+66.7+4.0+62.7-3.2+69.9

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 194Pending

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

AI summary

Standard Capital Markets has allotted 72,45,74,640 equity shares (face value Re. 1 each) at Re. 1.30 per share on a preferential basis to two non-promoter entities — Flash Merchandise Private Limited (38.46 crore shares) and Yucca Merchants Private Limited (34.00 crore shares). The total consideration of about Rs. 94.19 crore was received through conversion of outstanding loans into equity. As a result, the company's paid-up equity share capital has increased sharply to Rs. 245.45 crore, comprising 245.46 crore shares.

Likely market impact

Existing shareholders face significant dilution of roughly 29.5% as the share count jumps from about 173 crore to 245.46 crore. However, the loan-to-equity conversion helps deleverage the company by turning debt obligations into promoter-aligned (non-promoter) equity, which can ease interest burden and improve the balance sheet over time.