Announced Mon, 17 Aug · 16:39 IST
Warrants Converted into Equity Shares
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
+1.6%1-day move
₹61.00
prior close
₹61.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+2.3-0.2+1.6+4.7+13.9+15.6+9.8+13.9+9.7+4.9——
Up moveDown movePending
AI summary
Board approved allotment of 8,26,761 equity shares at Rs. 21.02 each on conversion of warrants issued earlier on a preferential basis. Shares went to 9 investors. Paid-up equity capital rose to Rs. 25.83 crore (2,58,26,406 shares of Rs. 10 face value). Allotment price is more than double the face value, reflecting a premium.
Likely market impact
Minor dilution as warrants convert to equity. Paid-up capital rises, indicating continued capital infusion from existing warrant holders.