Zaggle signs warrant deal with Bennett Coleman for about 40 crore rupees

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ZAGGLE · price

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▲ 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

₹347.85

announcement price

After-mkt

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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

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Reaction day

+3.0-0.6+3.6-0.0+3.1

Next day

+1.4-1.5+2.9-1.5+3.0

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15d

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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

Bennett Coleman and Company (BCCL), publisher of Times of India and Economic Times, has agreed to subscribe to 7,05,467 warrants of Zaggle at Rs 567 per warrant. Each warrant carries the right to subscribe to one equity share of face value Re 1. Total deal value is about Rs 40 crore (Rs 39.99 crore). BCCL currently holds no shares in Zaggle, has no promoter linkage, and gets no special rights or nominee director. Execution date is December 15, 2025.

Likely market impact

A marquee strategic investor backing Zaggle with about 40 crore rupees signals confidence. Potential dilution when warrants are converted to equity shares later.