Announced Sat, 18 Apr · 12:32 IST
Trading approval for 25.9 lakh preferential shares received from NSE
SUMIT · 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
-0.0%1-day move
₹58.02
prior close
₹61.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.1-3.3-2.6-2.5-0.0-4.1-8.9-8.7-8.1-3.7-20.3-24.4-30.2-13.0
Up moveDown movePending
AI summary
Sumit Woods received NSE trading approval for 25,90,000 equity shares (Rs. 10 each) issued on a preferential basis via conversion of warrants. These shares will be listed and available for trading from April 20, 2026 under the SUMIT symbol. The shares carry a lock-in until October 20, 2027, so allottees cannot sell them before that date.
Likely market impact
Share count rises by 25.9 lakh (dilution); shares locked in till Oct 2027, limiting near-term supply.