Announced Fri, 10 Jul · 19:11 IST
8.5 lakh warrants converted to equity shares by non-promoters
TIRUPATIFL · 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
+1.6%1-day move
₹68.20
prior close
₹68.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.6+1.3+1.5+1.6+1.1-1.7+0.3+3.6+20.6————
Up moveDown movePending
AI summary
Board approved allotment of 8,50,000 equity shares upon conversion of warrants by 4 non-promoter allottees at Rs.32 per share (face value Rs.2, premium Rs.30). This completes conversion of all 1,17,60,000 warrants originally issued on January 16, 2025. Paid-up capital rises from Rs.25.84 crore to Rs.26.01 crore. Total share count increases to 13,00,40,000. New shares rank pari passu with existing shares.
Likely market impact
Minor dilution of 0.65 percent as 8.5 lakh shares added. All warrants now fully converted, removing future equity overhang.