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Nibe informs about allotment of equity shares

26 Apr 2025 Evaluate

Pursuant to Regulation 30 of the Listing Regulations, as amended, Nibe has informed that the Board of Directors of the Company vide the Circular Resolution passed unanimously on April 26, 2025 has allotted 2,04,705 Equity Shares of face value of Rs 10 each fully paid up at an issue price of Rs 510 per share, pursuant to conversion of 2,04,705 Warrants allotted to Promoter of the Company, on preferential basis upon receipt of the balance 75% of the subscription money against the said 2,04,705 Warrants, as details enclosed. The said Equity Shares allotted on conversion of Warrants, shall rank in all respects with the existing Equity Shares of the Company. Consequent to the aforesaid allotment, the paid-up Equity Share Capital of the Company stands increased from Rs 14,29,65,680 to Rs. 14,50,12,730 consisting of 1,45,01,273 fully paid-up Equity Shares of Rs 10 each. The details as required under Regulation 30 of the Listing Regulations read with the SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is enclosed and marked as Annexure I.

The above information is a part of company’s filings submitted to BSE.

NIBE Share Price

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