Announced Thu, 2 Apr · 21:33 IST
Suditi Industries allots 29,703 convertible warrants to non-promoter
Fund Raising View source PDF
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
-1.2%1-day move
₹79.20
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.2+7.1+9.5+9.7+10.6+16.3+25.2+27.4+14.3+4.8
Up moveDown movePending
AI summary
Suditi Industries allotted 29,703 convertible warrants at Rs. 59.12 each (including Rs. 49.12 premium) to non-promoter Nitu Ashish Bansal on a preferential basis. Only 25% upfront (Rs. 14.78 per warrant) was received, totaling Rs. 4.39 lakh. The balance 75% is payable within 18 months on conversion into one equity share of Rs. 10 face value each. Shareholder approval was obtained on Jan 16, 2026, with BSE in-principle nod received on March 16, 2026.
Likely market impact
No immediate capital change as warrants are yet to be converted. Small issue size (~Rs 17.56 lakh) limits dilution and material impact on shareholding.