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Merger & Restructuring

NIBE Merger & Restructuring Worth ₹1.52 Cr

Nibe Limited has completed the sale of its step-down subsidiary, Nibe Aeronautics Limited (NAL), for ₹1.52 Crore to Mr. Nibe Ganesh Ramesh. Consequently, NAL has ceased to be a subsidiary of the company effective April 9, 2026.

Key figures
Value₹1.52 Cr
Source

NSE filing, NSE: NIBE. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

NIBE Ltd: key numbers

Share price
₹1,151.90
Market cap
₹1,786 Cr
Revenue (annual)
₹474.4 Cr
Net profit (annual)
₹5.63 Cr
P/E (TTM)
-244.7×Sector 52.2×
Promoter holding
51.46%-0.81% QoQ
FII holding
10.88%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from NIBE Ltd

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18:03 IST NSE
Partnership

NIBE Partnership

NIBE Limited signed an MoU with Naval Group, France, to cooperate on naval technologies, strengthening India's self-reliance in shipbuilding and maritime defense.

From
Naval Group, France

Other merger & restructuring announcements

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19:53 IST NSE
Merger & RestructuringEmkay Global Financial Services Ltd EMKAY

Emkay Global Financial Services Merger & Restructuring Worth ₹30 Cr

Emkay Global approved transferring two subsidiaries to new subsidiary ECPL and slump-selling its wealth business. Up to Rs.30 Crore rights investment in ECPL was also approved.

Value
₹30.00 Cr
Execution
Divestment completion expected within 90 days of SPA execution, subject to regulatory approvals