Nakoda Group held an EGM on May 13, 2026, via video conference to seek shareholder approval for a preferential issue of convertible warrants.
Shareholders approved the issuance of 87 lakh convertible warrants at ₹28 each to promoters and non-promoters, raising ₹24.36 crore.
Remote e-voting recorded 14 members (99.95% votes) in favor and 1 member (0.05% votes) against the resolution.
The scrutinizer's report confirmed the resolution was passed as a special resolution with results to be disclosed to exchanges.