NITCOBSENitco LtdLowNeutral
Announced Mon, 6 Jul · 16:41 IST

Nitco allots 50,000 shares under ESOP Plan 2019

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NITCO · price

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Price reaction · full curve 14 horizons · vs prior close
-7.9%1-day move
₹115.69
prior close
₹115.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5-1.6-1.9-0.6-7.9-5.9-7.5-7.9-10.1-2.3
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AI summary

Nitco Ltd allotted 50,000 equity shares of Rs 10 face value to an eligible employee on exercise of vested ESOPs granted in July 2019 under the ESOP Plan 2019. Exercise price was Rs 39.55 per share, bringing in about Rs 19.78 lakhs. Equity share count rose to 24,05,66,105. Diluted EPS stands at Rs 1.41. No lock-in applies.

Likely market impact

Minor dilution from a small ESOP exercise; negligible impact on share price or existing shareholders.