BSESuper Crop Safe LtdMediumNeutral
Announced Tue, 16 Jun · 17:53 IST

Board meeting on June 23 to allot 1.17 cr shares for loan conversion

Fund Raising View source PDF

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▲ 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
-1.4%1-day move
₹10.80
prior close
₹11.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-2.3-2.3-2.3-1.4+1.9-0.9-4.6-1.1-0.9-3.8+3.9
Up moveDown movePending
AI summary

Super Crop Safe Ltd's Board will meet on June 23, 2026 to approve allotment of 1,17,44,722 equity shares at Rs. 13 each to non-promoters on a preferential basis. The shares will be issued to convert outstanding unsecured loans into equity, under SEBI ICDR Regulations. BSE has already granted in-principle approval on June 15, 2026. Total deal value works out to about Rs. 15.27 crore.

Likely market impact

Converts unsecured loans into equity for non-promoters, may improve balance sheet but dilutes existing shareholders.