Nitco (NITCO) — Corporate Action

📢 Key Event
Promoter allotted 55,05,935 equity shares at Rs 82.25 premium

🔄 What Changed
Promoter shareholding rose from 11.53% to 13.15%

NITCO allotted 55,05,935 equity shares to promoter Vivek Talwar at a premium of Rs 82.25 per share on July 24, 2026, following conversion of balance convertible warrants. This increased promoter holding from 11.53% to 13.15% post-allotment.

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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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