NIBE has received a letter of intent of Rs 12.80 crore including all applicable taxes, except GST from Adani Infra (India). The company has received letter of intent to design, engineering manufacturing, supplying and erection of Pre-Engineered Building (PEB). The contract is to be executed in 6 months from the date of issuance of Notice to proceeds (NTP).
NIBE (Formerly known as Kavita fabrics) manufactures synthetic fabrics in the form of semi-finished sarees and dress materials. These products are offered in various designs as per customer requirements.
