Its intention to exercise over-subscription option for 1,18,51,850 equity shares
As filed · Akshay Bansarilal Arora has informed the Exchange about its intention to exercise over-subscription option for 1,18,51,850 equity shares
Special SituationWatchNotablemateriality 68 out of 100
What happened
FactAkshay Bansarilal Arora has informed the Exchange about its intention to exercise over-subscription option for 1,18,51,850 equity shares.
Why it matters
CapitSignal interpretationAn offer for sale places existing shares into the market, so the register changes and the price is set by the floor rather than the screen.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Margins
RevisedEarlierQ1 FY27
Our reported gross margin at 53% is a reduction of 3% over previous quarter.
NowQ1 FY27
Reported operating EBITDA is 33.5% compared to 30.4% in the previous quarter, an increase of 3%.
Change
FactTarget revision
Implication
CapitSignal interpretationThe stated figure moved -36.79%.confidence 60%
Watch next
Fact- Floor price versus market price
- Seller stake before and after
- Subscription across the two sessions
- Moving on to capex. Our expected capital expenditure for the next three years will be INR1,000-odd crores, and (management committed by FY27)
- Given the order visibility in this particular molecule, we believe this performance can be sustained for FY27. (management committed by FY27)
Evidence
- Akshay Bansarilal Arora has informed the Exchange about its intention to exercise over-subscription option for 1,18,51,850 equity shares(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- OFS base 68; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%