Preferential issue allots 20 lakh shares and 2.25 crore warrants

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

-0.8%Reaction day

₹82.18

prior close

₹83.35

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-0.6% vs market

Civil Construction peers, median of 96sector-0.2%-0.6% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 0.6 pts less than its Civil Construction peers, 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

-1.1

10m

-1.0

15m

-1.1

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.8-0.2-0.6-0.2-0.6

Next day

-2.4-0.5-1.9-0.8-1.6

-1.4+0.5-2.0-0.5-1.0

-0.3-0.2-0.1-1.0+0.7

-1.7-1.9+0.3-2.2+0.6

-3.1-1.5-1.5-2.2-0.8

-2.9-2.2-0.7-3.7+0.8

15d

-4.4-3.6-0.7-6.2+1.9

-7.2-3.5-3.6-6.7-0.4

+8.3-7.0+15.3-9.4+17.7

-5.1-11.1+6.0-18.6+13.5

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 96Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The board allotted 20 lakh fully paid shares at Rs100 each to two non-promoter investors, raising Rs20 crore. It also allotted 2.25 crore convertible warrants at Rs100 each to non-promoter and promoter entities. Holders paid 25 percent, or Rs56.25 crore, and each warrant converts into one share within 18 months. Offers to two FPIs lapsed after no payment.

Likely market impact

Raises committed capital and promoter participation, but conversion could increase the share count by up to 2.45 crore and dilute existing holders.