India's NIBE gains after allotting shares on warrant conversion
09/06/2026 07:38
BUZZ-India's NIBE gains after allotting shares on warrant conversion ** Shares of NIBE NIBE.NS rise 4% to 1,528 rupees
** Defence systems and components maker allotted 320,000 shares at issue price of 1,258 rupees apiece to Eminence Global Fund PCC – Eubilia Capital Partners Fund I upon conversion of warrants
** Shares allotted upon receipt of balance 75% of the subscription amount for warrants, co said
** YTD, NIBE up ~38%
(Reporting by Vijay Malkar)
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