Nilkamal has received approval for acquisition and purchase of the healthcare business including the intellectual property rights, the contracts, employees and goodwill of Imedfurns by way of Business Transfer Agreement, Employment Agreement, Deed of Assignment for Trademark and Design for an aggregate consideration of Rs 4 crore, payable over a period of 4 years.
The Board of Directors of the Company, in the Board Meeting held on May 14, 2025, has approved the same.
Nilkamal is among the world’s largest producer of moulded plastic furniture giving it an edge over competition.
