Nitco promoter confirms no new share pledges in FY26

Promoter pledge above 50%Ownership Changes View source PDF Explain this filing

NITCO · price

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

Price reactionminutes from the announcement price · days from the prior close

-2.3%Reaction day

₹95.00

prior close

₹95.49

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.9%-3.2% vs market

Ceramics peers, median of 10sector-0.5%-1.8% vs sector

On the reaction day the stock moved 3.2 pts less than Nifty Microcap 250 and 1.8 pts less than its Ceramics peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.3

10m

-2.1

15m

-2.3

30m

-3.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.3+0.9-3.2-0.5-1.8

Next day

-4.2+0.9-5.1-0.6-3.6

-0.6-1.1+0.5-2.0+1.4

+2.7+0.7+2.0-2.1+4.8

+2.1-0.7+2.8-3.1+5.2

-1.6-1.8+0.3-3.8+2.2

+0.5+2.9-2.4+0.2+0.3

15d

+13.7+5.3+8.4-0.9+14.6

+21.8+7.1+14.7+1.0+20.7

+12.6+8.2+4.4-4.6+17.3

+1.6+11.7-10.1+0.8+0.8

UpDownMarket · Nifty Microcap 250Sector · Ceramics peers, median of 10Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Nitco promoter Vivek Talwar has filed an annual declaration under SEBI takeover rules confirming that the promoter and promoter group did not create any new encumbrances on shares during FY 2025-26. However, existing pledges remain very high at about 67% of total promoter holdings, with Melisma Finance's entire 2.57 crore shares fully encumbered.

Likely market impact

No new pledges is neutral, but over two-thirds of promoter shares remain pledged, which is a significant risk factor for shareholders.