StockWatch
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Packaged Foods
Corporate Action2 Jul 2026, 07:40 pm

Nakoda Group Allots 35 Lakh Warrants at ₹28 Each

AI Summary

Nakoda Group of Industries Ltd announced the allotment of 35,00,000 convertible warrants on a preferential basis. The issue price for these warrants is ₹28 per warrant. This decision was made by the Board of Directors at a meeting held on July 02, 2026. The allotment is in accordance with a special resolution passed by the members at the EGM on May 13, 2026, and follows in-principle approval from BSE and NSE received on June 30, 2026. The total funds raised through this preferential allotment amount to ₹9.8 crore (35,00,000 warrants * ₹28/warrant). The list of allottees includes NO CTRL ENTERPRISES LLP, JUNITA HARDIK SHAH, AGRAWAL COMMERCIALS, and SUNIL TRIPATHI (HUF).

Key Highlights

  • 35,00,000 convertible warrants allotted on preferential basis.
  • Issue price fixed at ₹28 per warrant.
  • Total funds raised approximately ₹9.8 crore.
  • Allotment approved by Board and complies with EGM resolution.
  • In-principle approval received from BSE and NSE.