Nakoda Group Allots 35 Lakh Convertible Warrants on Preferential Basis at ₹28 Per Warrant
Nakoda Group of Industries Limited announced that its Board of Directors completed the allotment of 3,500,000 Convertible Warrants on a preferential basis. The transaction took place during the company's meeting held on July 02, 2026.The issuance was executed at an issue price of ₹28 per Warrant. This move represents a significant aspect of the company’s capital restructuring plan, as detailed in the outcomes transacted by the Board.
The preferential allotment saw four entities listed among the recipients of the Convertible Warrants. The distribution details are as follows:
| S. No. | Name of Allottee | Number of Warrants Allotted |
|---|---|---|
| 1. | NO CTRL ENTERPRISES LLP | 30,00,000 |
| 2. | JUNITA HARDIK SHAH | 1,50,000 |
| 3. | AGRAWAL COMMERCIALS | 2,00,000 |
| 4. | SUNIL TRIPATHI (HUF) | 1,50,000 |
The total number of Convertible Warrants allotted amounted to 35,00,000 across the listed allottees.
NGIL Stock Price Movement
Today, shares of Nakoda Group of Industries Limited surged to close at ₹41.81, posting a gain of 1.72%. The stock traded on solid volume of 29,265 shares during the session.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.
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