Acquisitions25 Oct 2025, 11:11 am
Maithan Alloys Acquires 0.02% Stake in NBCC (India) Limited for Rs. 4.96 Crore
AI Summary
Maithan Alloys Ltd has acquired 442400 shares of NBCC (India) Limited, a Government of India Navratna Enterprise, through the stock exchange. The acquisition is completed on 24th October, 2025, with a total cost of Rs. 4.96 Crore. NBCC (India) Limited specializes in project management consultancy for a range of civil construction projects, real estate with primary focus on residential and commercial projects and engineering procurement & construction activities. It also engaged in civil engineering projects for government bodies and other sectors. The acquired entity has a presence in India as well as in four foreign countries: Maldives, Seychelles, Saudi Arabia and Mauritius.
Key Highlights
- Maithan Alloys acquired 0.02% stake in NBCC (India) Limited for Rs. 4.96 Crore.
- The acquisition was completed on 24th October, 2025, with 442400 shares acquired through the stock exchange.
- NBCC (India) Limited is a Government of India Navratna Enterprise, specializing in civil construction projects, real estate, and engineering procurement & construction activities.
- The acquired entity has a presence in India and four foreign countries: Maldives, Seychelles, Saudi Arabia and Mauritius.
- The information relating to the Target Entity has been obtained from its website and Annual Report for the FY 24-25 and BSE website.