Announced Tue, 7 Apr · 17:47 IST
Warrant conversion: 12.62L shares allotted to 3 investors
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.8%1-day move
₹43.75
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+2.8+2.6+0.0-2.4+5.1+5.1+15.4+14.3+36.0+39.4
Up moveDown movePending
AI summary
Board approved allotment of 12,62,229 equity shares at Rs. 21.02 each (face value Rs. 10) on conversion of warrants to 3 investors: Vintage Diamond LLP, Sparkling Tradewing LLP, and Markand Tradeventure LLP. Paid-up equity capital rose to Rs. 20.87 crore comprising 2,08,71,167 shares. The balance warrant price of Rs. 15.765 per share was received at conversion.
Likely market impact
Dilution from warrant conversion; paid-up capital rises ~6.4%. No fresh capital beyond balance warrant amount already due.