Announced Fri, 26 Jun · 18:28 IST
Subsidiary Rights Issue Allotment Completed After One Day Delay
Corporate Actions View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
+0.6%1-day move
₹32.10
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+0.6-3.5+2.8+2.8-1.8-3.1-6.3———
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AI summary
Swati Projects' wholly owned subsidiary Radhashree Roadsters Private Limited has completed allotment of 10 lakh equity shares of Rs 10 each at par, aggregating Rs 1 crore under a rights issue. The allotment was originally planned for 25 June 2026 but was completed a day later on 26 June 2026 due to administrative and procedural reasons. Terms of the issue remain unchanged.
Likely market impact
Minor procedural delay in subsidiary-level capital raise. No material change for parent company shareholders; Rs 1 crore raised at par.