Announced Wed, 22 Jul · 13:06 IST
Swojas Foods allots 16.16 lakh shares on warrant conversion
Price
▲ 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
+3.3%1-day move
₹9.00
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+3.3+1.6+0.0-2.7——————
Up moveDown movePending
AI summary
Board approved conversion of 16,16,162 warrants into equal number of equity shares at Rs 16.50 each (including Rs 6.50 premium). Non-promoter Onelife Capital Advisors converted part of its 1 crore warrants. Company received Rs 2 crore as balance 75% exercise price. Paid-up equity capital rose to Rs 44.26 crore (4.43 crore shares) from Rs 42.65 crore (4.26 crore shares). About 67.83 lakh warrants are still pending conversion.
Likely market impact
Minor equity dilution of about 3.8 percent. Another 67.83 lakh warrants may convert later, adding further dilution and supply on listing.