Announced Mon, 6 Jul · 16:13 IST
Revised disclosure - Board approved convertible warrants, not equity shares
Fund Raising View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
-9.7%1-day move
₹31.22
prior close
₹32.78
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—+0.0——-9.7-8.7-13.5-8.9-8.1-7.3————
Up moveDown movePending
AI summary
Tirth Plastic Ltd has revised its July 4, 2026 board meeting outcome. The original filing mentioned approval for a preferential issue of 45 lakh equity shares. The correction clarifies that the Board actually approved a preferential issue of up to 45 lakh convertible warrants instead of equity shares. The issue remains subject to shareholder and regulatory approvals. All other terms of the original outcome remain unchanged.
Likely market impact
Minor correction in instrument type. Warrants may dilute equity when later converted. Await shareholder approval and pricing details.