Board Meeting12 Aug 2026, 04:41 pm
Nitco Ltd Board Approves Q1 FY27 Unaudited Financial Results
AI Summary
Nitco Ltd announced that its Board of Directors, in a meeting held on August 12, 2026, approved the Unaudited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026 (Q1 FY27). The results were reviewed by the Audit Committee. Additionally, the Board approved the re-appointment of Mr. R. K. Bhandari as Cost Auditor for FY 2026-27 and a Buyer Finance Agreement with Desiderata Impact Ventures Private Limited (Progcap) for approximately INR 200 Crores for FY 2026-27.
Key Highlights
- Board approved Q1 FY27 unaudited financial results.
- Results are for both standalone and consolidated financials.
- Cost Auditor re-appointed for FY 2026-27.
- Buyer Finance Agreement approved with Progcap.
- Agreement with Progcap valued at approx. INR 200 Crores.
Price Impact
More from NITCO