Board meeting outcome

Warrants ConvertedFund Raising View source PDF Explain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-1.1%Reaction day

₹0.93

prior close

₹0.94

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.0%-1.0% vs market

IT Enabled Services peers, median of 72sector-0.5%-0.6% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.6 pts less than its IT Enabled Services 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

-7.4

10m

-8.5

15m

-5.3

30m

-6.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.1-0.0-1.0-0.5-0.6

Next day

+1.1+2.5-1.4+2.2-1.1

-6.5+3.7-10.2+3.8-10.3

-9.7+4.9-14.6+4.2-13.9

-3.2+4.3-7.6+2.8-6.0

-1.1+5.5-6.5+3.0-4.1

+2.2+6.6-4.4+0.8+1.3

15d

+3.2+10.3-7.1+3.8-0.6

+2.2+7.7-5.5+2.1+0.0

+6.5+13.7-7.2-0.3+6.8

+3.2+19.1-15.8-0.8+4.1

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 72Pending

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

AI summary

Titan Intech's Board approved the allotment of 95 lakh equity shares following the conversion of convertible equity share warrants. The warrants were originally issued via preferential allotment at Rs. 55 per share (face value Rs. 10 plus premium Rs. 45). Three allottees received shares: Eiravathi Properties Pvt Ltd (50 lakh shares), Weavllite Apparels Pvt Ltd (40 lakh shares), and Pinisetti Satya Hemalatha (5 lakh shares). The company also appointed M/s. Vinay Babu Gade as Secretarial Auditor for FY 2025-26 and 2026-27. The share face value has been reduced to Rs. 1, which is why 95 lakh shares are being allotted instead of the original 9.5 lakh warrants.

Likely market impact

Existing shareholders will face dilution as 95 lakh new shares are issued, increasing the outstanding share capital. The conversion of warrants at Rs. 55 indicates institutional confidence in the company's valuation, though the expanded share base could moderate per-share metrics.