Nisus Finance Services Co Ltd — Updates, 04-07-2025: Company Update
04-07-2025 | 07:12 pm
04-07-2025 | 07:12 pm
Nisus Finance Services Co Ltd has announced a board meeting to approve the acquisition of a 69% stake in New Consolidated Construction Company Limited (NCCCL) via its subsidiary, Nisus Finance Projects LLP. NCCCL, established in 1946, is a reputed civil construction firm with a ₹2,700 Cr order book and 75+ years of experience delivering 300+ projects across residential, commercial, industrial, and specialized sectors. This management-led buyout aims to create a strategic platform to capitalize on India’s urban infrastructure growth, leveraging NCCCL’s execution capabilities alongside Nisus’ domain expertise and developer relationships. The acquisition will be funded through internal accruals and debt, with completion targeted in Q2 FY26.
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