1.06 crore shares allotted via warrant conversion to promoter group

Warrants convertedFund Raising View source PDF Explain this filing

VARDMNPOLY · price

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

+1.5%Reaction day

₹5.86

prior close

₹5.85

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+1.7% vs market

Other Textile Products peers, median of 187sector-0.4%+1.9% vs sector

On the reaction day the stock moved 1.7 pts more than Nifty Microcap 250 and 1.9 pts more than its Other Textile Products 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.5-0.2+1.7-0.4+1.9

Next day

+0.9-0.3+1.2-0.7+1.5

+1.5-0.2+1.8-1.2+2.7

-0.9-3.5+2.6-2.6+1.7

+0.2-3.6+3.8-2.6+2.7

-0.2-2.8+2.6-3.0+2.8

-1.4-1.4+0.0-2.7+1.3

15d

-2.9-3.0+0.1-3.9+1.0

-9.7-4.4-5.3-5.2-4.6

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 187Pending

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

AI summary

Vardhman Polytex allotted 1,06,25,000 equity shares of Re.1 each at Rs.12.55 per share (premium of Rs.11.55) upon conversion of warrants by Oswal Holding Private Limited, a promoter group entity. The company received about Rs.10 crore as the balance 75 percent of issue price. Paid-up equity capital increased to Rs.49.36 crore comprising 49,36,44,004 shares. Around 1.47 crore warrants from the same allottee are still pending conversion within the 18 month tenure.

Likely market impact

Promoter group equity stake rises; dilution at fixed price; remaining warrants may convert later and add more shares.