Warrant conversion - 16.16 lakh shares allotted to non-promoter investor

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

+3.3%Reaction day

₹9.00

prior close

₹8.90

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.2%+4.5% vs market

Packaged Foods peers, median of 33sector-1.5%+4.8% vs sector

On the reaction day the stock moved 4.5 pts more than Nifty Microcap 250 and 4.8 pts more than its Packaged Foods 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

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10m

—

15m

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30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.3-1.2+4.5-1.5+4.8

Next day

+3.3-1.9+5.2-1.8+5.1

+1.6-1.4+3.0-1.9+3.4

+0.0-0.1+0.1-2.0+2.0

-2.7-1.4-1.3-3.0+0.3

-1.1-1.0-0.2-0.9-0.2

+0.4-0.4+0.9-1.2+1.7

15d

-8.0+3.2-11.2+0.9-8.9

-13.8+4.4-18.2+1.7-15.5

-18.3+4.6-22.9-3.5-14.9

-19.0-3.6-15.4-11.6-7.4

UpDownMarket · Nifty Microcap 250Sector · Packaged Foods peers, median of 33Pending

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

AI summary

Swojas Foods has allotted 16,16,162 equity shares on conversion of warrants by non-promoter Onelife Capital Advisors. Each warrant had face value Rs. 10 and issue price Rs. 16.50 (including Rs. 6.50 premium). The remaining 75% amount of Rs. 12.375 per share was received, totaling about Rs. 2 crore. Paid-up share capital increased from Rs. 42.65 crore to Rs. 44.26 crore, taking total shares to about 4.43 crore. About 67.84 lakh warrants held by the same investor are still pending conversion.

Likely market impact

Mild dilution for existing shareholders as equity base grows. Further dilution possible as 67.84 lakh warrants remain unconverted with the same investor.