FCCB conversion - 48.11 lakh shares allotted at Rs 30.19 each

Warrants ConvertedFund Raising View source PDF Explain this filing

Price

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

+3.4%Reaction day

₹37.01

prior close

₹37.12

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%+2.8% vs market

Specialty Chemicals peers, median of 99sector-0.2%+3.6% vs sector

On the reaction day the stock moved 2.8 pts more than Nifty Microcap 250 and 3.6 pts more than its Specialty Chemicals 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

+0.0

10m

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15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.4+0.5+2.8-0.2+3.6

Next day

+3.2+0.8+2.4-0.0+3.2

+6.6+1.0+5.6+0.1+6.4

+3.5+0.6+2.9-0.2+3.7

+8.5+1.2+7.3+0.4+8.1

+5.4+0.9+4.4+0.4+5.0

+5.9+1.6+4.4+0.0+5.9

15d

+6.7+1.9+4.8+1.0+5.7

+8.1+0.8+7.3+1.3+6.8

-8.2-5.7-2.5-4.6-3.6

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UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 99Pending

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

AI summary

Sudarshan Pharma Industries FCCB Committee approved allotment of 48,11,730 equity shares (face value Re 1) at Rs 30.19 per share (share premium Rs 29.19) upon conversion of Foreign Currency Convertible Bonds worth USD 15 lakh. Post-allotment, total equity shares stand at 25,44,70,600 and paid-up capital at Rs 25,44,70,600. New shares are identical to existing equity and rank pari-passu from the date of allotment.

Likely market impact

Minor dilution as 48.11 lakh new shares issued; equity base rises to about 25.44 crore shares.