NCC has received approval for the merger of two wholly owned Subsidiaries of the Company i.e., Aster Rail and Vaidehi Avenues with the company. The Board of Directors of the Company at its meeting held on December 28, 2019 has approved the same.
Vaidehi Avenues is engaged in the business of acquiring and holding land and developing and maintaining stock yards. Aster Rail is primarily engaged in the business of designing, manufacturing, erection, installation, repairing and servicing of Railway signaling, telecommunication equipment and other equipment related to railways and train control systems.
NCC is engaged in development of real estate. The company’s projects stand on credentials of its work in various sectors such as Housing, Transportation, Power, water, Metals and Oil and gas.
