Nilkamal has executed a deed of assignment for intellectual properties and design, employment agreement and non-compete agreement with Imedfurns for the purchase of healthcare furniture vertical including the intellectual property rights, the contracts, employees and goodwill for an aggregate consideration of Rs 3 crore, payable over a period of 4 years. The acquisition of business will enable the company to expand in healthcare furniture vertical.
Earlier, the Board of Directors of the company, in the board meeting held on May 14, 2025, had approved the same.
Nilkamal is among the world’s largest producer of moulded plastic furniture giving it an edge over competition.
| Company Name | CMP |
|---|---|
| Supreme Industries | 3451.55 |
| Astral | 1494.20 |
| Finolex Inds | 168.15 |
| Nilkamal | 1255.00 |
| Jain Irrigation Sys | 29.59 |
| View more.. | |
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