ALFA Filings
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Nitco Limited allotted 55,05,935 equity shares via a preferential issue at ₹92.25 per share, raising ₹507.92 Crore.
Nitco Limited has allotted equity shares via preferential issue, increasing its paid-up share capital. The allotment was issued at a price of ₹92.25 per share.
NITCO Limited allotted 55.06 lakh equity shares to a promoter upon conversion of warrants, raising ₹38.09 Crore. This equity expansion increases the promoter's stake to 13.15%.
Promoter Vivek Talwar acquired 65,04,065 shares of Nitco Limited via the conversion of convertible warrants. This increases the total promoter group shareholding from 20.73% to 22.90%.
Nitco Limited allotted equity shares via preferential issue at ₹92.25 per share. The company raised ₹60 Crore in capital from this transaction.
Nitco Ltd allotted 65,04,065 equity shares to promoter Vivek Prannath Talwar upon conversion of share warrants. The company received Rs. 45 Crore as the balance subscription amount.