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TARC LimitedJV/Acquisition, 11-08-2026: Acquisition

11-08-2026 | 06:42 pm

TARC has greenlit the full acquisition of Niblic Greens Hospitality Private Limited by purchasing the remaining 50% equity stake for ₹0.55 Cr. This move makes Niblic Greens, a player in the tourism and accommodation sector (hotels/motels), a wholly-owned subsidiary. While Niblic Greens reported no turnover in the last three years, this acquisition strategically expands TARC's existing real estate business into the hospitality segment, signaling a future growth platform in a related sector.

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