Som Distilleries & Breweries Limited has informed the Exchange about General Updates. approval of…
As filed · Som Distilleries & Breweries Limited has informed the Exchange about General Updates
CapitalWatchNotablemateriality 71 out of 100
What happened
FactSom Distilleries & Breweries Limited has informed the Exchange about General Updates. approval of Preferential Issue of 20,00,000 equity shares of face value of Rs.2/- each at an. issue price of Rs.112/- each [including premium of Rs.110/- each] to Som Distilleries Private.
Why it matters
CapitSignal interpretationShares are issued to named investors at a set price, diluting existing holders and changing who sits on the register.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
WithdrawnEarlierQ2 FY26
We expect that we should do better than what we have done in the first half of the year.
NowFY26
So Diwa sir had given a guidance of between INR1,400 crores to INR1,500 crores.
Change
FactGuidance withdrawn
Implication
CapitSignal interpretationThe earlier statement implied an expectation of better performance without specific guidance, while the current statement provides a specific revenue guidance range of INR1,400 crores to INR1,500 crores. The earlier guidance is no longer being given in the same form.confidence 90%
Watch next
Fact- Who the allottees are
- Issue price versus market price
- Lock-in period on the new shares
- I think all in all, I think INR1,440 crores, INR1,450 crores is something that is quite possible is what we ar (management committed by FY27)
- we are bare minimum aiming for what we achieved in '24-'25, which was around INR1,420 crores, INR1,430 crores- (management committed by FY27)
Evidence
- Som Distilleries & Breweries Limited has informed the Exchange about General Updates(opens the original filing in a new tab)
- Earlier statement · Q2 FY26
- Latest statement · FY26
- Earlier statement · Q2 FY26
How CapitSignal classified this
- Reasoning:
- PREFERENTIAL_ALLOTMENT base 66; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%