Vascon Engineers allots 2 crore convertible warrants at Rs 40 each

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

-1.7%Reaction day

₹32.51

prior close

₹32.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%-0.5% vs market

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250, 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

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Reaction day

-1.7-1.3-0.5

Next day

-2.2-0.8-1.4

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15d

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UpDownMarket · Nifty Microcap 250Pending

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AI summary

Vascon Engineers allotted 2,00,00,000 convertible warrants on a preferential basis to promoter and non-promoter groups at Rs 40 per warrant (Rs 10 face value plus Rs 30 premium). 25 percent upfront has been received and the remaining 75 percent is payable within 18 months on conversion. Pre-allotment equity share count was 23,16,97,111 shares and fully diluted post-allotment count rises to 25,16,97,111 shares, a potential dilution of about 8.6 percent.

Likely market impact

Potential dilution of around 8.6 percent on full conversion; promoter participation signals confidence but lock-in and conversion terms apply.