Announced Mon, 7 Sept · 19:36 IST
Board approves Rs 51.84 Cr warrants to promoters, dividend, and capital hike
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
₹150.50
prior close
₹147.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.0-3.1-3.1+1.5+3.3+6.4+3.0-1.0+2.3+5.6————
Up moveDown movePending
AI summary
Tandhan Industries board (revised after clerical errors) raised authorised capital from Rs 60 Cr to Rs 65 Cr. Cleared issue of up to 63,99,720 convertible warrants at Rs 81 each, about Rs 51.84 Cr total, to promoters Anuj Jalan, Ankit Jalan, and Daivik Jalan via preferential route. Dividend of Rs 0.01 per share for FY26 recommended. 42nd AGM set for 30 Sep; book closure 24 to 30 Sep. Funds use from earlier preferential issue modified.
Likely market impact
Promoter-led preferential issue of about Rs 51.84 Cr will dilute non-promoter shareholders. Token dividend of Rs 0.01 per share declared.