
Board Meeting2 Jul 2026, 08:20 pm
Nakoda Group Allots 35 Lakh Warrants at ₹28 Each
AI Summary
Nakoda Group of Industries Ltd announced the revised outcomes of its Board Meeting held on July 02, 2026. The board approved the allotment of 35,00,000 convertible warrants on a preferential basis at an issue price of ₹28 per warrant. This allotment is in accordance with a special resolution passed at the EGM on May 13, 2026, and follows in-principle approvals from BSE and NSE received on June 30, 2026. The meeting commenced at 5 PM and concluded at 6:30 PM. The details of the allottees, including NO CTRL ENTERPRISES LLP, JUNITA HARDIK SHAH, AGRAWAL COMMERCIALS, and SUNIL TRIPATHI (HUF), have been submitted.
Key Highlights
- Board approved allotment of 35,00,000 convertible warrants.
- Issue price set at ₹28 per warrant.
- Allotment is on a preferential basis.
- Received in-principle approval from BSE and NSE.
- Details of allottees have been submitted.
Price Impact
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