Announced Fri, 24 Jul · 15:15 IST
Monitoring agency report Q1FY27 on preferential warrants issue
Fund Raising View source PDF
STLTECH · 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
+2.8%1-day move
₹540.00
prior close
₹551.10
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.3+3.4——+2.8—————————
Up moveDown movePending
AI summary
CARE Ratings filed monitoring agency report for Sterlite Technologies Rs 498.30 crore preferential warrants issue to promoter Twin Star Overseas. Of Rs 124.58 crore upfront received, Rs 111.30 crore used for debt repayment and Rs 13.28 crore for general corporate purposes. No deviations from stated objects reported.
Likely market impact
Promoter-funded capital raise deployed as planned with no deviations. Balance proceeds await warrant exercise within 18 months.