VAML clarifies on rumour of Rs 13,500 crore bank fundraising
VAML · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
VAML replied to a BSE and NSE query on a Moneycontrol article claiming the company will raise Rs 13,500 crore from Axis, HDFC and ICICI Bank after demerger. The company neither confirmed nor denied the specific loan, stating it continuously evaluates financing and fundraising options in the ordinary course of business. It also said there is no undisclosed price sensitive information (UPSI) that could explain any movement in the stock price or volume.
Ambiguous non-denial keeps investors guessing. No concrete disclosure yet on the Rs 13,500 crore loan; await further updates.