BSE in-principle approval for 90.5 lakh warrants to promoters and public

Warrants ConvertedFund Raising View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+1.4%Reaction day

₹148.00

prior close

₹152.80

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+1.5% vs market

Stockbroking & Allied peers, median of 40sector-0.1%+1.5% vs sector

On the reaction day the stock moved 1.5 pts more than Nifty Microcap 250 and 1.5 pts more than its Stockbroking & Allied 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

+0.2

10m

+0.2

15m

+0.2

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.4-0.1+1.5-0.1+1.5

Next day

+1.4+0.3+1.1-0.9+2.3

+0.2+1.6-1.4+0.5-0.3

-0.7+0.1-0.8-0.2-0.6

-0.3+0.3-0.7-0.5+0.2

-1.7-1.2-0.4-2.4+0.7

+0.0-0.5+0.5-2.1+2.1

15d

-16.7-2.2-14.5-0.4-16.3

-16.9-6.6-10.3-2.5-14.4

—————

UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 40Pending

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

AI summary

Swastika Investmart received BSE in-principle approval to issue 90,50,000 warrants convertible to equity shares on a preferential basis. Price set at not less than Rs 63.64 per warrant, including a Rs 61.64 premium over the Rs 2 face value. Warrants will be allotted to promoter and promoter group plus non-promoter/public category. Further statutory and regulatory compliances are still required before actual issuance and allotment.

Likely market impact

Preferential warrant issue may lead to equity dilution upon conversion. Promoter participation signals confidence, but share price could face pressure.