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Nureca LimitedBoard Meeting, 20-05-2025: Outcome of Board Meeting

20-05-2025 | 05:27 pm

Nureca Limited has announced a board meeting approving the merger of its wholly owned subsidiary, Nureca Technologies Pvt Ltd, into the parent company to simplify structure and cut overheads. The subsidiary reported standalone revenue of ₹228.14 and net worth of ₹53.94 (units unspecified), while Nureca had standalone revenue of ₹1146.40 and net worth of ₹1917.38. No shares will be issued in the merger. The board also approved striking off non-operational subsidiary Nureca Healthcare Pvt Ltd to streamline operations and enhance efficiency.

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