NITCO Limited will hold an Extraordinary General Meeting on March 11, 2025, to seek approval for two significant business initiatives. The first proposal involves the sale of its wind energy business, including six Wind Turbine Generators and associated land, for ₹6.30 crore to Siva Green Energy India. This divestment aims to refocus on core operations, potentially enhancing profitability. The second proposal is the plotted development of 70 acres of land in Alibaug with Total Environment Building Systems, where NITCO will receive 41.4% of the project revenue. Both initiatives indicate a strategic shift towards optimizing asset utilization, positively influencing shareholder value and operational focus.