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Nirlon to develop Phase 5 of NKP in Mumbai

30 Jan 2016 Evaluate

Nirlon has received an approval to develop Phase 5 of Nirlon Knowledge Park (NKP) at Goregaon (East), Mumbai. The board of directors at its meeting held on January 29, 2016 has approved for the same.

The company has also received approval to avail additional borrowing from HDFC not exceeding Rs 500.00 crore for the proposed Phase 5 development of NKP.

Nirlon is engaged in the business of development of an industrial park/information technology (IT) Park.


Peers
Company Name CMP
Larsen & Toubro 3740.00
Kalpataru Projects 1378.95
NCC 128.70
Rail Vikas Nigam 196.70
KEC International 370.45
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