Allotment of 16.84 crore Rights Equity Shares completed

Corporate Actions View source PDF Explain this filing

SUMEETINDS · price

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

-5.0%Reaction day

₹31.87

prior close

₹30.28

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.7%-4.3% vs market

Other Textile Products peers, median of 179sector-0.3%-4.7% vs sector

On the reaction day the stock moved 4.3 pts less than Nifty Microcap 250 and 4.7 pts less than its Other Textile Products 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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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.0-0.7-4.3-0.3-4.7

Next day

-9.7-0.3-9.5-0.9-8.8

-14.2+1.1-15.3+0.1-14.3

-18.5-0.2-18.3-0.6-17.9

-22.5+0.2-22.8+0.0-22.5

-26.4-0.3-26.1-0.9-25.5

-33.5+2.1-35.6+0.1-33.6

15d

-55.8+4.6-60.4-0.5-55.3

-58.8+5.6-64.4-0.7-58.1

-65.3+7.2-72.5+0.0-65.3

-69.8-4.7-65.2-8.1-61.7

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 179Pending

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

AI summary

Sumeet Industries allotted 16,84,24,217 Rights Equity Shares at Rs. 11.86 each (face value Rs. 2). Total issue size is about Rs. 199.77 crore. Post-allotment, paid-up equity capital rose from Rs. 105.26 crore to Rs. 138.95 crore. Share count increased from 52.63 crore to 69.47 crore shares.

Likely market impact

Capital raised without debt. Share count rises about 32 percent, likely diluting EPS. Non-subscribing shareholders see stake dilution.