Zaggle allots 10.58 lakh warrants at Rs 567 to promoter group and Bennett Coleman

Warrants ConvertedMarquee Qip InvestorFund Raising View source PDF Explain this filing

ZAGGLE · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+3.0%Reaction day

₹348.80

prior close

₹358.45

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.6%+3.6% vs market

IT Enabled Services peers, median of 73sector-0.0%+3.1% vs sector

On the reaction day the stock moved 3.6 pts more than Nifty Microcap 250 and 3.1 pts more than its IT Enabled Services 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

+0.2

10m

-0.0

15m

+0.0

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.0-0.6+3.6-0.0+3.1

Next day

+1.4-1.5+2.9-1.5+3.0

-0.5-1.8+1.3-1.4+0.9

+2.1-0.6+2.7-0.9+2.9

+5.2+0.8+4.5-0.0+5.2

+2.6+0.8+1.8+0.5+2.2

+0.4-0.2+0.6-0.6+1.0

15d

-3.8+1.1-4.9-1.2-2.6

-10.8-3.5-7.3-5.0-5.8

-22.1-3.2-18.9-8.6-13.5

-38.1-12.8-25.4-21.8-16.3

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 73Pending

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

AI summary

Board allotted 10,58,201 convertible warrants at Rs 567 each on preferential basis. Promoter group entity RAN Ventures received 3,52,734 warrants while Bennett Coleman and Company got 7,05,467 warrants. Company received about Rs 15 crore as 25% subscription amount. Each warrant converts into one equity share of Re 1 face value upon paying balance 75% within 18 months. No change in paid-up share capital yet.

Likely market impact

Bennett Coleman (Times Group) taking warrants signals confidence. Potential Rs 60 crore capital raise on conversion; possible future dilution.