Bank approves rights issue of up to ₹950 crore

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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

+2.2%Reaction day

₹21.75

prior close

₹22.13

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%+0.9% vs market

Other Bank peers, median of 8sector+0.4%+1.8% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250 and 1.8 pts more than its Other Bank 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

+1.9

10m

+0.3

15m

+0.5

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.2+1.3+0.9+0.4+1.8

Next day

+0.4+1.0-0.6+0.4-0.0

+0.4+0.8-0.4-0.3+0.7

+3.0+0.5+2.5-0.9+3.9

+1.9+0.7+1.2-1.8+3.7

+1.7+1.4+0.3-1.8+3.5

-14.3-0.3-14.0-3.3-11.0

15d

-5.1+2.4-7.5+2.6-7.7

-7.0+3.6-10.6+2.2-9.2

-25.4-1.6-23.8+3.4-28.9

-30.5-1.5-29.0-6.6-23.9

UpDownMarket · Nifty Microcap 250Sector · Other Bank peers, median of 8Pending

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

AI summary

The board approved raising up to ₹950 crore by issuing equity shares to eligible shareholders, their renouncees and specific investors, if any, on the record date. The rights price, entitlement ratio, record date and payment terms will be decided by a board committee on October 8, 2025, subject to required approvals.

Likely market impact

Shareholders may need to invest cash to maintain their stake. Ownership could be diluted if they do not participate, while the funds could strengthen the bank.