Announced Mon, 6 Jul · 16:50 IST
Nitco allots 50,000 shares under ESOP Plan 2019
Capital Market Events View source PDF
NITCO · price
▲ 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
-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————
Up moveDown movePending
AI summary
Nitco Limited allotted 50,000 equity shares of Rs. 10 each upon exercise of ESOPs under the Employee Stock Option Plan 2019. Exercise price was Rs. 39.55 per share, raising about Rs. 19.77 lakhs. Total equity shares now stand at 24,05,66,105. The new shares rank equally with existing equity shares and are in demat form.
Likely market impact
Minor dilution from ESOP exercise; share count rises to about 24.05 crore equity shares. Negligible impact on stock price.