Sudarshan Chemical allots 9.8 lakh shares on warrant conversion to promoter

Warrants ConvertedFund Raising View source PDF Explain this filing

SUDARSCHEM · price

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

-0.0%Reaction day

₹855.25

prior close

₹887.70

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-1.1%+1.1% vs market

Dyes And Pigments peers, median of 9sector-2.1%+2.0% vs sector

On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250 and 2.0 pts more than its Dyes And Pigments 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

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Reaction day

-0.0-1.1+1.1-2.1+2.0

Next day

+2.9+1.9+1.0-0.4+3.3

+5.2+3.7+1.6+0.7+4.5

+5.3+4.2+1.0-0.8+6.0

+5.2+5.4-0.2+0.3+4.9

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15d

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+30.3+10.5+19.7+8.7+21.5

+45.6+13.3+32.3+34.1+11.5

UpDownMarket · Nifty Microcap 250Sector · Dyes And Pigments peers, median of 9Pending

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

AI summary

Sudarshan Chemical Industries allotted 9,80,000 equity shares (face value Rs. 2) to promoter Mr. Rajesh Balkrishna Rathi on conversion of warrants originally issued in December 2024 at Rs. 1,019.75 each. The promoter paid the remaining 75 percent consideration of about Rs. 74.95 crore. Promoter group holding rises from 8.19 percent to 9.32 percent. Paid-up equity capital rises to Rs. 15.92 crore.

Likely market impact

Minor dilution as promoter stake rises to 9.32 percent. No fresh capital from markets; about Rs. 75 crore received from promoter.