Nitco Ltd

Nitco Annual General Meeting

Nitco Ltd disclosed voting results of a postal ballot. Shareholders approved the monetization of company property at Kanjurmarg, Mumbai.

Nitco Management Change

Mrs. Rupali Swami Kambli resigned as Company Secretary & Compliance Officer of NITCO Limited effective June 11, 2026. The company is seeking a replacement for this key managerial role.

Nitco Bags ₹66.65 Cr Order

Nitco Limited secured a ₹66.65 Crore domestic order from Prestige Estates Projects Limited for marble supply. The contract is expected to be executed within twelve months.

Value

₹66.65 Cr

Execution

Twelve months

Nitco Annual General Meeting

Nitco Limited is seeking shareholder approval to monetize its Kanjurmarg land for ₹143 Crore. The transaction involves a step-down subsidiary of Runwal Construction Private Limited.

Value

₹143.0 Cr

Nitco Other Announcement

Nitco Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report confirms overall regulatory compliance with minor dematerialization observations.

Nitco Earnings Call: Key Takeaways

Nitco reports strong Q4 FY26 with 63% YoY revenue growth. Strategy focuses on legacy business expansion and high-value real estate monetization to drive cash flow.

Mirc Electronics Board Meeting Date

Mirc Electronics scheduled a board meeting for May 16, 2026, to consider fund-raising options. The move aims to strengthen capital through equity or convertible securities.

Nitco Board Meeting Outcome

Nitco Limited's board approved appointing Kamal Abrol as CFO and Amit Dhawan to senior management. These leadership changes aim to strengthen finance and operations.

Nitco Business Update

Nitco Ltd is monetizing its Kanjurmarg land, receiving a ₹143 Crore advance. The transaction involves selling 75% for cash and 25% for project area share.

Value

₹143.0 Cr

Execution

Approx. 4 months for 75% of land and 1 year for the balance 25%.

Nitco Q4 FY26 Results: Net Loss of ₹7.8 Cr, Loss Widens

Nitco Ltd reported revenue from operations of ₹152.3 Cr (+62.9% YoY) and a net loss of ₹7.8 Cr for Q4 FY26.

Key figure

Net loss ₹7.8 Cr

Nitco Financial Results

Nitco Limited reported audited FY26 results and approved monetization of Kanjurmarg land for ₹143 Crore advance. It also appointed Kamal Abrol as Chief Financial Officer.

Value

₹143.0 Cr

Execution

Approx. 4 months to 1 year

Nitco Bags ₹66.65 Cr Order

Nitco Limited secured a ₹66.65 Crore marble supply order from Prestige Estates Projects Limited. This project will be executed over approximately twelve months.

Value

₹66.65 Cr

Execution

twelve months (approx.)

Nitco Annual General Meeting

Nitco Limited shareholders approved a material related party transaction with M/s. Authum Investment & Infrastructure Limited via postal ballot. The resolution passed with a 99.95% majority on May 1, 2026. The company appointed Mr. B. Durga Prasad Rai as the Scrutinizer to oversee the remote e-voting process.

Nitco Debt & Borrowing: ₹200 Cr

Nitco Limited confirmed it does not fall under the 'Large Corporate' category as per SEBI criteria for FY 2026-27. The company reported outstanding borrowings of ₹200.00 Crore as of March 31, 2026, with a credit rating of IVR BB+/Stable. Consequently, mandatory debt-raising requirements for large corporates do not apply.

Value

₹200.0 Cr

Nitco Q3 FY26 Results: Net Loss of ₹12 Cr, Loss Narrows

Nitco Ltd reported a net loss of ₹12 Cr for Q3 FY26.

Key figure

Net loss ₹12 Cr

Nitco Other Announcement

Nitco Ltd submitted its compliance certificate under SEBI (DP) Regulations for the quarter ended March 31, 2026. The Registrar, MUFG Intime India, confirmed that securities received for dematerialisation were processed and listed within prescribed timelines. This is a routine administrative filing with no material impact on financial performance.