Nakoda Group of Industries Limited seeks shareholder approval via EGM on May 13, 2026, to issue 87 lakh convertible warrants at ₹28 each, raising ₹24.36 crore.
The preferential issue targets promoter and non-promoter entities, with 40 lakh warrants to promoter group No CTRL Enterprises LLP and 47 lakh to nine non-promoter investors.
Proceeds will fund working capital (₹18.02 crore) and general corporate purposes (₹6.09 crore) over two years, with warrants convertible within 18 months at 25% upfront payment.
The issue price was determined per SEBI ICDR Regulations using April 13, 2026, as relevant date, with a registered valuer report confirming compliance with pricing norms.