Nisus Finance Services Co Ltd Acquires 67.97 Lakh Shares of New Consolidated Construction Company Limited for INR 70 Cr

Nisus Finance Services Co Ltd has announced the acquisition of 67.97 lakh equity shares of New Consolidated Construction Company Limited (NCCCL) by its subsidiary, Nisus Finance Projects LLP. The acquisition was made for a consideration of INR 70 Cr, infused as growth capital into NCCCL. Post-acquisition, NCCCL has become a step-down subsidiary of Nisus Finance Services Co Ltd. NCCCL is a premier civil construction company in India, founded in 1946, with a focus on real estate and industrial segments. The company has reported steady growth over the last three financial years.