Announced Thu, 2 Jul · 16:33 IST
Board approves allotment of 1 crore convertible warrants at Rs 20.25 each
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
+4.0%1-day move
₹32.50
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+4.0+4.3+13.1+16.8+16.9+19.5+27.7———
Up moveDown movePending
AI summary
Veerhealth Care's Preferential Issue Committee on July 2, 2026 approved allotment of 1,00,00,000 fully convertible warrants at Rs 20.25 per warrant. Each warrant can be exchanged for one equity share. Promoter group allotments total about 45.4 lakh warrants (Shah family and HUFs), while three non-promoter individuals receive about 41.6 lakh warrants combined.
Likely market impact
Equity dilution expected once warrants are exercised. Strong promoter participation signals management confidence but increases total share count post-conversion.