Swastika Investmart allots 90.5 lakh convertible warrants at Rs 63.64

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

-1.3%Reaction day

₹150.00

prior close

₹150.00

announcement price

In-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-1.1% vs market

Stockbroking & Allied peers, median of 39sector+0.0%-1.3% vs sector

On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 1.3 pts less 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

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-1.3-0.3-1.1+0.0-1.3

Next day

-2.7-1.5-1.1-0.3-2.4

-5.1-1.5-3.5+0.5-5.6

-8.0-0.2-7.8+2.2-10.2

-12.3-0.5-11.8+1.2-13.5

-15.6-3.2-12.4-0.1-15.5

-15.2-2.2-13.0+0.5-15.7

15d

-18.7-9.5-9.2-4.8-13.9

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UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 39Pending

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

AI summary

Swastika Investmart has allotted 90,50,000 convertible share warrants at Rs 63.64 each, totalling Rs 57.59 crores on a preferential basis. The company received a 25% upfront payment of Rs 14.40 crores from 18 allottees. Promoter group members (the Nyati family) got 25.5 lakh warrants, while non-promoters including Ms. Yogita Gandhi (20 lakh) and Valueworth Advisors LLP (12 lakh) received major tranches. The remaining 75% is payable within 18 months on conversion into equity shares of Rs 2 face value, subject to lock-in rules.

Likely market impact

Possible equity dilution on full conversion. Promoter stake stays dominant. Brings Rs 14.40 cr upfront now and up to Rs 57.59 cr over 18 months.