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Nitco allots equity shares pursuant to CDR scheme

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Capital Market

Of Rs 10 each

Nitco announced that its directors in the board meeting held on 20 December 2013 allotted 22099206 equity shares of Rs 10 each at an issue price of Rs 25.20 each on preferential basis to Aurella Estates and Investments. The allotment is subject to the lock-in requirements as per the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 with regard to the preferential issue.

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First Published: Dec 20 2013 | 5:22 PM IST

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