Shareholding24 Jul 2026, 04:40 pm
Nitco Ltd Promoter Shareholding Change via Preferential Allotment
AI Summary
Nitco Limited has filed a disclosure under SEBI (Prohibition of Insider Trading) Regulations, 2015, detailing a change in promoter shareholding. Vivek Talwar, a promoter, acquired 2,77,27,734 equity shares through a preferential allotment on July 23, 2026. This acquisition, stemming from the conversion of warrants, increased his stake from 8.82% to 11.53%. The transaction was executed via off-market transfer and the details were intimated to the company on July 24, 2026.
Key Highlights
- Promoter Vivek Talwar acquired 2,77,27,734 equity shares.
- Acquisition was through preferential allotment of warrants.
- Promoter's shareholding increased from 8.82% to 11.53%.
- Transaction details filed under SEBI Insider Trading Regulations.
- Change in shareholding reported on July 24, 2026.
Price Impact
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