Announced Fri, 24 Jul · 17:13 IST
Promoter Vivek Talwar acquires 2.70% stake via warrant conversion
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
—1-day move
₹104.96
prior close
₹106.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.5-0.3-0.4——————————
Up moveDown movePending
AI summary
Promoter Vivek Talwar converted 65,04,065 convertible warrants into equity shares on 23 July 2026, raising his individual stake from 8.82% to 11.53%. Total promoter group holding rose from 20.73% to 22.90%. Shares were issued upon conversion of warrants granted earlier, not purchased in the open market. Total equity capital of Nitco rose to about 24.7 crore shares.
Likely market impact
Positive signal - promoter increasing equity stake via warrant conversion shows confidence; slight dilution effect offset by promoter commitment.