ALPHA TRIBE

Nitin Castings LtdImportant, 21-02-2026: Company Update

21-02-2026 | 08:26 pm

Nitin Castings Limited is undergoing a delisting process initiated by its Promoters, who aim to acquire the 14,70,894 public shares, representing 28.61% of the equity. A due diligence report confirms the Promoters currently hold 71.39% of the total 51,41,330 equity shares, which have a face value of Rs 5 each and a total paid-up capital of 2.57 Cr. The report verifies that all share transactions by Promoters and significant public shareholders adhered to securities laws and that Acquirers engaged in no fraudulent or manipulative practices concerning the delisting.

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