Nakoda Group Allots 35 Lakh Convertible Warrants at ₹28 Per Unit on Preferential Basis
Nakoda Group of Industries Limited has completed the allotment of 35,00,000 Convertible Warrants on a preferential basis. The warrants were issued at an issue price of ₹28/- per warrant.The allotment process followed a meeting of the Board of Directors held on July 2, 2026.
Details regarding the distribution and allocation of these convertible warrants are as follows:
| S. No. | Name of the Allottee | No. of Warrants Allotted |
|---|---|---|
| 1. | NO CTRL ENTERPRISES LLP | 30,00,000 |
| 2. | JUNITA HARDIK SHAH | 1,50,000 |
| 3. | AGRAWAL COMMERCIALS | 1,50,000 |
| 4. | SUNIL TRIPATHI (HUF) | 2,00,000 |
| Total | 35,00,000 |
The Board meeting concluded on the same day that it commenced and reviewed the transaction details related to the allotment of the convertible warrants.
NGIL Stock Price Movement
Nakoda Group of Industries Limited shareholders saw their stock gain 1.72% today, as the equity closed at ₹41.81. The share price traded within a narrow intraday range, reaching a high of ₹42.5 after bottoming out at ₹40.6 during trading.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.