NITCO has entered into an agreement for the sale of entire shareholding held by the company in New Vardhman Vitrified (NVVPL). Accordingly, NVVPL shall cease to be subsidiary of the company from the date of completion of sale.
NITCO is an India-based company, engaged in the manufacture and marketing of ceramic tiles (wall and floor), Naturoc (gres porcelain tiles), vitrified tiles, marble, as well as real estate development.