TTK Prestige redeems full investment in GramyaHaat

Strategic Transactions View source PDF Explain this filing

TTKPRESTIG · price

Loading chart…

▲ 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

+0.8%Reaction day

₹520.00

prior close

₹523.75

announcement price

In-mkt

timing

Nifty Microcap 250market+0.4%+0.4% vs market

Household Appliances peers, median of 23sector+0.0%+0.8% vs sector

On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 0.8 pts more than its Household Appliances 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

+0.0

10m

+0.8

15m

+0.3

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.8+0.4+0.4+0.0+0.8

Next day

+3.8+2.1+1.7+2.0+1.8

+2.2pendingpending+3.6-1.4

—————

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Household Appliances peers, median of 23Pending

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

AI summary

TTK Prestige has redeemed its entire June 2024 investment in GramyaHaat Rural-Tech Private Limited through compulsory convertible debentures. The redemption resulted in a loss, but the amount is not material and will not materially affect the company's financial position or operations.

Likely market impact

Shareholders should see no material financial impact because the loss has been described as immaterial to TTK Prestige.