Nakoda Group of Industries Limited has informed the Exchange about General Updates

NGIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+2.5%1-day move

₹39.02

prior close

₹40.50

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+4.2+3.2+4.1+2.9+2.5+1.2+0.5-2.6-1.3+3.2+6.4-2.6+0.1—

Up moveDown movePending

AI summary

Nakoda Group of Industries issued a clarification on its preferential issue of Convertible Warrants, following observations from NSE. The EGM held on May 13, 2026 passed a special resolution for the issue. The company clarified that Promoter group entity No CTRL Enterprises LLP (with partners being Promoter and Whole Time Director Mr. Jayesh Pravin Choudhary and Promoter and Managing Director Mr. Pravin Navalchand Choudhary) intends to subscribe to 40 million Convertible Warrants. No other promoters, directors or KMPs will subscribe. There will be no change in control or management, though voting rights will change proportionally with the post-issue shareholding pattern.

Likely market impact

Promoter group increasing their stake through warrant subscription signals confidence in the company, but could dilute minority shareholder voting power. The 40 million warrants issuance may lead to future share dilution upon conversion.