Rights issue

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

-1.7%Reaction day

₹2.35

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-1.5%-0.2% vs market

IT Enabled Services peers, median of 66sector-1.5%-0.2% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.2 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.

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Sessions after the filingfrom the prior close

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Reaction day

-1.7-1.5-0.2-1.5-0.2

Next day

-3.4-2.1-1.3-3.0-0.4

-5.1-2.0-3.1-2.8-2.3

-6.8-0.7-6.1-1.5-5.3

-8.5-1.2-7.4-1.6-6.9

-10.2-1.3-9.0-1.7-8.5

-13.6-2.0-11.6-1.9-11.8

15d

-24.3-4.4-19.8-5.7-18.5

-43.4-3.2-40.2-4.3-39.1

-61.7-11.8-49.9-16.1-45.6

-60.4-7.3-53.2-14.8-45.6

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 66Pending

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

AI summary

Titan Intech has completed its rights issue, allotting 48,78,22,972 equity shares at ₹1.00 per share (face value) to eligible shareholders and renouncees. The rights issue opened on November 10, 2025, and closed on November 19, 2025. The company's paid-up share capital has risen sharply from ₹33.56 crores (33.56 crore shares) to ₹82.34 crores (82.34 crore shares), nearly 2.5 times. The total issue size was up to ₹49.14 crores, and almost the entire amount was subscribed. The issue price equals face value, meaning no premium was charged to shareholders.

Likely market impact

Existing shareholders will see significant dilution of their holdings as the share count has more than doubled. However, since the issue price equals face value, the company raised only ₹49.14 crores for this massive expansion of shares, which may put downward pressure on the stock price due to the dilutive nature of the issue.