55 lakh shares allotted on warrant conversion to promoter group entity

Warrants convertedFund Raising View source PDF Explain this filing

VARDMNPOLY · 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

-2.4%Reaction day

₹5.95

prior close

₹5.85

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-3.3%+0.9% vs market

Other Textile Products peers, median of 187sector-1.3%-1.0% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250 and 1.0 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

-0.7

15m

-0.2

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.4-3.3+0.9-1.3-1.0

Next day

-1.3-3.4+2.1-1.4+0.1

-1.7-2.6+0.9-1.4-0.3

-4.7-1.0-3.7-1.5-3.2

-2.9-1.2-1.7-1.0-1.8

-2.5-0.7-1.8-0.9-1.6

-1.8-1.0-0.9-0.5-1.4

15d

-9.7-1.7-8.0-2.5-7.2

-12.6-4.1-8.5-3.0-9.6

—————

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 board allotted 55,00,000 equity shares at Rs. 12.55 each (premium Rs. 11.55) to promoter group entity Oswal Holding Pvt Ltd upon conversion of warrants. The company received Rs. 5.17 crore as the balance 75% of issue price. Post-allotment paid-up capital rises to Rs. 49.91 crore comprising 49,91,44,004 shares. Of the original 1,47,75,000 warrants issued in March 2025, 92,75,000 warrants remain pending conversion.

Likely market impact

Minor dilution as 55 lakh shares are issued to promoter group on warrant conversion. 92.75 lakh warrants still pending may add further dilution later.