Nitco (NITCO) — Board Meeting

NITCO announced the allotment of 50,000 equity shares of ₹10 each following exercise of employee stock options granted in 2019, increasing paid-up capital from ₹3,905,16,1050 to ₹39,05,66,1050 and raising share count from 24,05,16,105 to 24,05,66,105 equity shares. The transaction generated ₹19,77,500 in proceeds and reflects Rs. 1.41 diluted EPS impact.

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About Nitco Limited (NITCO)

Consumer Durables · Consumer Durables · Listed on NSE

Market Cap: ₹2,314.49 Cr P/E: -2.9

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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