Acquisitions19 Feb 2026, 03:57 pm
Nicco Engineering Services Acquires Shares of Nicco Parks & Resorts Ltd. - SEBI Disclosure
AI Summary
Nicco Engineering Services Ltd. has acquired shares of Nicco Parks & Resorts Ltd. through open market purchases from 10th December 2025 to 17th February 2026. The acquisition includes 4,68,00,000 equity shares of Re. 1/- each, resulting in a 22.04% stake in the target company. The acquisition has been made by Nicco Engineering Services Ltd. along with its Persons Acting in Concert (PACs). The PACs include Mr. Rajive Kaul, Ms. Manjari Mrinalini Kaul, Ms. Anjali Bhan, Ms. Pallavi Priyadarshini Kaul, Mr. Arijit Sengupta, Ms. Papri Sengupta, Mr. Shiv Siddhant Narayan Kaul, Kanta Bhan Properties Pvt. Ltd., Sunflag Commercial Pvt. Ltd., and Hindustan Wire Metal Products Private Ltd.
Key Highlights
- Nicco Engineering Services Ltd. has acquired a 22.04% stake in Nicco Parks & Resorts Ltd.
- The acquisition was made through open market purchases from 10th December 2025 to 17th February 2026.
- The transaction involves 4,68,00,000 equity shares of Re. 1/- each.
- The acquisition includes shares from various PACs such as Mr. Rajive Kaul, Ms. Manjari Mrinalini Kaul, and others.
- The total diluted share/voting capital of Nicco Parks & Resorts Ltd. after the acquisition is 4,68,00,000 equity shares of Re. 1/- each.
Price Impact
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