Nitco Limited — Board Meeting, 12-02-2025: Outcome of Board Meeting
12-02-2025 | 04:16 pm
12-02-2025 | 04:16 pm
The Board of Directors of NITCO Limited has approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. Additionally, they have authorized the sale of the company's Wind Energy Business, including six Wind Turbine Generators, to Siva Green Energy India Private Limited for ₹6.30 crore. The board also approved a plotted development project on approximately 70 acres of land in Alibaug, in collaboration with Total Environment Building Systems Private Limited, expected to commence within 60 days after securing necessary approvals.
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