Allots 24 Crore Equity Shares via Preferential Issue
Nitco Limited · NITCO · NSE ·
The Board has allotted 240,566,105 new equity shares on a preferential basis on July 23, 2026. This action increases the company's total paid-up shares from approximately 6.5 million to 247 million. The allotment results in a significant equity dilution of over 3700% for existing…