Raising of Funds through Preferential Issue

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Price reactionminutes from the announcement price · days from the prior close

-1.3%Reaction day

₹35.63

prior close

₹34.02

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.8%-0.5% vs market

Software Products peers, median of 34sector-0.9%-0.5% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.5 pts less than its Software Products 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

+5.1

10m

+5.1

15m

+5.1

30m

+5.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.3-0.8-0.5-0.9-0.5

Next day

+1.0+1.8-0.7-0.3+1.3

+6.0+2.8+3.2-0.6+6.6

+9.5+2.3+7.2-0.1+9.6

+9.2+1.8+7.4+0.1+9.1

+13.6+0.3+13.3-1.6+15.2

+25.2+0.5+24.7-1.4+26.6

15d

+36.0-2.5+38.5-6.9+42.9

+23.9-6.3+30.2-4.9+28.8

+7.6-8.0+15.6-12.4+20.0

-11.8+8.3-20.1-6.9-4.9

UpDownMarket · Nifty Microcap 250Sector · Software Products peers, median of 34Pending

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

AI summary

TeleCanor Global's board approved raising funds through a preferential issue, along with increasing authorised share capital from Rs. 21 crore to Rs. 30 crore. The company plans to issue up to 41 lakh equity shares at Rs. 33 per share (Rs. 10 face value + Rs. 23 premium) to 38 non-promoter allottees, raising up to Rs. 13.53 crore. Additionally, up to 25 lakh fully convertible warrants (convertible within 18 months) will be issued to promoter Mr. Maruti Ram Praturi at the same price of Rs. 33, raising up to Rs. 8.25 crore with 25% upfront payment. Total potential fundraising is around Rs. 21.78 crore. The issue price is at a premium and not below the SEBI floor price. An EGM is scheduled for March 6, 2026, to seek shareholder approval.

Likely market impact

Existing shareholders will see dilution of roughly 17% once both the equity shares and warrants are fully allotted. The promoter's stake will rise from 6.84% to 14.62% on full warrant conversion, signalling promoter confidence but also increasing his control. The broad base of 39 non-promoter allottees suggests diversified retail/HUF participation rather than a single marquee institutional investor.