NITCO
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Authum Investment acquires 49.3% stake in NITCO
The deal, announced on January 28, 2025, will result in the issuance of 11.25 crore equity shares of NITCO, securing Authum a major stake in the tile manufacturing and real estate development company.
Nitco secures Rs. 50 crore tile order from Hindustan Associates
The purchase order, dated January 15, 2025, includes Rs. 4 crore in supply for Q4 of the current fiscal year and Rs. 46 crore allocated for the next financial year, further cementing Nitco's resurgence in the market.
NITCO secures Rs 105.40 crore order from Prestige Estates Projects
The order will be executed over an estimated period of six months, reflecting the timely delivery expectations in large-scale real estate projects. NITCO has stated that the order is fully domestic, and there are no related party transactions involved, ensuring transparency in the deal.