Nakoda Group allots 52 lakh warrants at ₹28 each

1 min read     Updated on 14 Jul 2026, 08:32 PM
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AI Summary

Nakoda Group of Industries Limited allotted 52,00,000 convertible warrants on a preferential basis at ₹28 per warrant. The Board approved the move on July 14, 2026, backed by a shareholder resolution from May 13, 2026, and exchange approvals from June 30, 2026.

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Nakoda Group of Industries Limited has allotted 52,00,000 convertible warrants on a preferential basis at an issue price of ₹28 per warrant. The Board of Directors approved the allotment during its meeting held on July 14, 2026, following necessary approvals from shareholders and stock exchanges.

The issuance was conducted in accordance with a special resolution passed by the members at an Extra-ordinary General Meeting held on May 13, 2026. In-principle approval was received from BSE Limited and the National Stock Exchange of India Ltd. (NSE) on June 30, 2026.

Details of Allottees

The warrants were distributed among seven allottees, including corporate entities and individuals. The list of allottees and the number of warrants allotted to each is detailed below:

S. No. Name of the Allottees No. of Warrants Allotted
1. NO CTRL ENTERPRISES LLP 10,00,000
2. EQUIRISE ADVISORS LLP 10,00,000
3. VISHAL WAGHELA 10,00,000
4. ONVO AQUARRIUS PVT LTD 10,00,000
5. SARTHAK GOYAL 10,00,000
6. PREET KHETAN 1,00,000
7. VINOD KHETAN 1,00,000
Total 52,00,000

The Board meeting commenced at 4:30 P.M. and concluded at 5:30 P.M. on July 14, 2026. Jayesh Choudhary, Whole-Time Director, signed the disclosure on behalf of nakoda group of industries .

Historical Stock Returns for Nakoda Group of Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+3.06%-2.81%+7.81%+39.02%+38.54%-26.37%

What specific projects or debt repayments does Nakoda Group intend to fund with the approximately ₹14.56 crore raised through this warrant issuance?

How will the potential conversion of these warrants into equity impact the company's earnings per share and existing shareholding structure?

What are the strategic backgrounds of the major allottees, such as NO CTRL ENTERPRISES LLP and EQUIRISE ADVISORS LLP, and what value do they bring to the company?

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Nakoda Group of Industries allots 35 lakh warrants at ₹28

1 min read     Updated on 03 Jul 2026, 01:30 AM
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Jubin VScanX News Team
AI Summary

Nakoda Group of Industries allotted 35,00,000 convertible warrants on a preferential basis at ₹28 per warrant. The allotment was approved by the board on July 02, 2026, following shareholder approval and exchange consent. NO CTRL ENTERPRISES LLP received 30 lakh warrants, while the remaining 5 lakh were split among three other allottees.

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*this image is generated using AI for illustrative purposes only.

Nakoda Group of Industries has allotted 35,00,000 convertible warrants on a preferential basis at an issue price of ₹28 per warrant. The board of directors approved the allotment during a meeting held on July 02, 2026, following a special resolution passed by shareholders at an Extra-ordinary General Meeting on May 13, 2026. The move aims to raise capital through the conversion of these warrants into equity shares at a later date.

The allotment received in-principle approval from BSE Ltd and NSE on June 30, 2026. The warrants were issued in accordance with the provisions of the SEBI (LODR) Regulations, 2015. The board meeting commenced at 5 P.M. and concluded at 6:30 P.M. on the same day.

Allotment Details

The warrants were distributed among four allottees. NO CTRL ENTERPRISES LLP received the majority of the allotment, while the remaining warrants were distributed among three other entities.

S. No. Name of the Allottees No. of Warrants Allotted
1. NO CTRL ENTERPRISES LLP 30,00,000
2. JUNITA HARDIK SHAH 1,50,000
3. AGRAWAL COMMERCIALS 1,50,000
4. SUNIL TRIPATHI (HUF) 2,00,000
Total 35,00,000

The company filed the disclosure with the exchanges on July 02, 2026. Jayesh Choudhary, Whole-Time Director, signed the regulatory filing confirming the completion of the allotment process.

Historical Stock Returns for Nakoda Group of Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+3.06%-2.81%+7.81%+39.02%+38.54%-26.37%

What is the specific timeline for the conversion of these warrants into equity shares?

How does the company plan to utilize the capital raised from this preferential allotment?

What impact will the dilution of equity have on existing shareholders once the warrants are converted?

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