Announced Mon, 7 Sept · 19:33 IST
Tandhan board approves Rs 51.8 Cr warrants to promoters, 1 paisa dividend
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 on 7 Sep 2026 approved raising Authorised Share Capital from Rs 60 Cr to Rs 65 Cr. It cleared a preferential issue of up to 63.99 lakh convertible warrants at Rs 81 each, aggregating about Rs 51.84 Cr, to promoters Anuj Jalan, Ankit Jalan and Daivik Jalan. Each warrant converts into 1 equity share within 18 months. Board also recommended a Rs 0.01 per share dividend for FY26, subject to AGM approval on 30 Sep 2026.
Likely market impact
Promoter warrants will dilute minority holding by around 5 percent. Dividend at 1 paisa is negligible. Watch AGM on 30 Sep for final approvals.