Nila Infrastructures gains on receiving NCLT’s nod for Scheme of Arrangement

11 May 2018

Nila Infrastructures is currently trading at Rs. 20.30, up by 0.05 points or 0.25% from its previous closing of Rs. 20.25 on the BSE.

The scrip opened at Rs. 20.15 and has touched a high and low of Rs. 20.50 and Rs. 20.15 respectively. So far 87,152 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 29.15 on 27-Dec-2017 and a 52 week low of Rs. 16.00 on 04-Sep-2017.

Last one week high and low of the scrip stood at Rs. 21.20 and Rs. 20.05 respectively. The current market cap of the company is Rs. 799.60 crore.

The promoters holding in the company stood at 61.90%, while Institutions and Non-Institutions held 8.26% and 29.84% respectively.

Nila Infrastructures has received an approval from the National Company Law Tribunal (NCLT), Bench at Ahmedabad for the Scheme of Arrangement between the company and Nila Spaces and their respective shareholders and creditors (Scheme).

Nila Infrastructures (NILA) is a growing entity in the real estate and urban infrastructure space. The company has been engaged in turnkey civic infrastructure constructions, besides the development and marketing of residential real estate schemes.

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Nila Infrastructures Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323