Rs. 2/- at the price of 77.81/- (Rupees Seventy Seven and Eighty one Paise Only)
As filed · Som Distilleries & Breweries Limited has informed the Exchange regarding Outcome of Board Meeting - The Board of Directors at its meeting held today, has, inter-alia, approved theraising of funds thro
What happened
FactRs. 2/- at the price of 77.81/- (Rupees Seventy Seven and Eighty one Paise Only). The preferential issue of Convertible Equity Warrants shall be used primarily for.
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
WithdrawnWe expect that we should do better than what we have done in the first half of the year.
So Diwa sir had given a guidance of between INR1,400 crores to INR1,500 crores.
Change
FactImplication
CapitSignal interpretationWatch 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
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%