Nila Infrastructures (NILAINFRA) — Announcement

📢 Key Event
Nila Infrastructures cancels Gujarat Housing Board redevelopment project

🔄 What Changed
Order book reduced by development cost of INR 142.73 crores

Nila Infrastructures Ltd announced cancellation of a Gujarat Housing Board redevelopment project for Nirmal Apartment, withdrawing from construction of 300 residential units and 18 shops originally awarded in October 2023. The company received EMD refund following the cancellation notice on 27 August 2026.

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About Nila Infrastructures Ltd (NILAINFRA)

Construction · Construction · Listed on BSE

Market Cap: ₹258.39 Cr P/E: 10.4 ROE: 15.8% ROCE: 20.9%

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🔥 Also filed on 27 August 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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