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The Board of Directors of NITCO Limited has approved several key actions, including the preferential allotment of 4.38 crore equity shares and 2.34 crore convertible warrants at ₹92.25 each, raising a total of ₹615.20 crore. Additionally, the company will acquire 100% equity stakes in Rejoice Reality and Norita Investment, along with a 25% stake in Anand Shree Bombay Holding, all from Mr. Vivek Talwar and Mrs. Anjali Talwar. The board also approved the acquisition of approximately 4 acres of land in Alibaug for a total consideration of ₹245 crore.