Shareholding28 Jul 2026, 03:40 pm
Nitco Ltd Promoter Shareholding Changes via Preferential Allotment
AI Summary
Nitco Limited has filed a disclosure under SEBI (Prohibition of Insider Trading) Regulations, 2015, detailing changes in promoter shareholding. Promoter Vivek Prannath Talwar acquired 55,05,935 equity shares through a preferential allotment on July 24, 2026. This acquisition, which involved the conversion of warrants, increased the promoter's total equity shareholding to 3,32,33,669 shares, representing 13.16% of the total equity. The transaction was executed via preferential allotment.
Key Highlights
- Promoter acquired 55,05,935 equity shares.
- Acquisition was through preferential allotment and warrant conversion.
- Promoter's total holding increased to 3,32,33,669 shares.
- Post-acquisition, promoter holds 13.16% of equity.
- Disclosure filed under SEBI Insider Trading Regulations.
Price Impact
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