Acquisitions17 Oct 2025, 12:18 pm
Maithan Alloys Acquires 0.06% Stake in NBCC (India) Limited for Rs. 19.92 Crore
AI Summary
Maithan Alloys Ltd has acquired 1750000 shares of NBCC (India) Limited, a Government of India Navratna enterprise, through a stock exchange. The acquisition was made on 16th October, 2025, at a total cost of Rs. 19.92 Crore, representing 0.06% of NBCC's shareholding. NBCC specializes in project management consultancy for a range of civil construction projects, real estate, and engineering procurement & construction activities. The acquisition does not grant Maithan Alloys control over NBCC's management, and no regulatory approvals were required. The information was obtained from NBCC's website, Annual Report for the FY 24-25, and BSE website.
Key Highlights
- Maithan Alloys acquired 1750000 shares of NBCC (India) Limited for Rs. 19.92 Crore.
- The acquisition represents 0.06% of NBCC's shareholding and does not grant Maithan Alloys control over NBCC's management.
- NBCC specializes in civil construction projects, real estate, and engineering procurement & construction activities.
- The acquisition was made on 16th October, 2025, and the information was obtained from NBCC's website, Annual Report for the FY 24-25, and BSE website.
- NBCC has a presence in India and four foreign countries: Maldives, Seychelles, Saudi Arabia, and Mauritius.