Announced Tue, 27 Oct, 2026 · 17:39 IST

Allotment of 4.69 crore rights shares at Rs 1 each

Price

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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
-1.9%Reaction day
₹2.13
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Nifty Microcap 250market · in no size index; the smallest one is usedpendingvs market: pending
Other Textile Products peers, median of 190sector+0.0%-1.9% vs sector

On the reaction day the stock moved 1.9 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 190Pending

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

AI summary

The Rights Issue Committee approved the allotment of 469,179,280 fully paid equity shares at Rs 1 each on 27 October 2026. Paid-up equity capital increased from 130,631,000 to 598,810,280 shares. Lapsed rights entitlements will be extinguished and their temporary identifier deactivated.

Likely market impact

Eligible shareholders receive new shares, but the large increase creates dilution; lapsed rights may raise participating shareholders' ownership.