No deviation; Rs 136.25 crore warrant proceeds used for land

Compliance View source PDF Explain this filing

SUNTECK · price

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

+0.0%Reaction day

₹276.00

prior close

₹285.00

announcement price

After-mkt

timing

Nifty Microcap 250market+1.7%-1.7% vs market

Residential Commercial Projects peers, median of 66sector+1.8%-1.8% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 1.8 pts less than its Residential Commercial Projects 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

+1.1

10m

+0.8

15m

+4.2

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.0+1.7-1.7+1.8-1.8

Next day

-1.4pendingpending+2.0-3.4

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15d

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UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 66Pending

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

AI summary

India Ratings reported no deviation from the stated purpose of the preferential warrant issue. By 30 September 2026, Rs 136.25 crore had been received and fully used for land acquisition, land interests or land development rights. No further use occurred during the quarter. The total issue is Rs 499.99 crore, with the balance due when warrants are converted.

Likely market impact

Neutral near term. No deviation was reported, but most issue funding and potential share dilution depend on future warrant conversions.