THOMASCOTTNSETHOMAS SCOTT (INDIA) LTD· MiscellaneousMediumNeutral
Announced Tue, 1 Sept · 16:20 IST

Thomas Scott allots 91,575 shares on warrant conversion at Rs.330 premium

Warrants ConvertedQip At PremiumFund Raising View source PDFExplain this filing

THOMASCOTT · price

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Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹263.40
prior close
₹262.85
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-0.9-0.8-0.6-0.2+0.6-1.1-0.9-4.7-11.0
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AI summary

Thomas Scott (India) has allotted 91,575 equity shares to non-promoter Mrs. Leena Bharat Shah upon conversion of convertible warrants at Rs.330 per share (Rs.10 face value plus Rs.320 premium). The shares rank pari passu with existing equity but will be locked-in as per SEBI ICDR rules. Total equity share count rises to about 1.49 crore from 1.48 crore.

Likely market impact

Minor equity dilution of about 0.6 percent from warrant conversion; share base widens slightly with balance exercise price inflow.