Announced Fri, 24 Jul · 16:37 IST
Promoter Vivek Talwar raises 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 increased his stake in Nitco Limited from 8.82% to 11.53% by acquiring 65,04,065 equity shares through conversion of warrants on 23 July 2026. The transaction, valued at Rs 145 crore, was executed via preferential allotment with 75% paid against warrant conversion.
Likely market impact
Signals promoter confidence in the company. Higher promoter holding is generally viewed positively by retail investors.