Nitco (NITCO) — Announcement

📢 Key Event
NITCO forms JV with HoABL for ₹4,500-crore Alibaug project

💡 Investor Takeaway
This partnership signals strategic growth through land asset monetization, potentially boosting long-term shareholder value.

NITCO announced a joint venture with House of Abhinandan Lodha to develop a 40-acre premium mixed-use project in Alibaug, targeting approximately ₹4,500 crore in revenue over five years, with NITCO's share expected to be around ₹1,500 crore.

📄 View Original Announcement (PDF)

📊 Stock Analysis — NITCO ✨ Ask AI About This

About Nitco Limited (NITCO)

Consumer Durables · Ceramic Products · Listed on NSE

Market Cap: ₹2,258.45 Cr ROE: -15.1% ROCE: -3.9%

View full NITCO stock details →

📡 Get AI alerts when NITCO files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track NITCO — Free

💡 Ask AI about this filing

"How will the ₹1,500 crore share be recognized in NITCO's financials?" "What timeline is set for project phase execution?" "How does this JV compare to NITCO's prior land monetization efforts?"

Ask AI Free →

📊 More NITCO filings

See all NITCO filings →

🔥 Also filed on 26 August 2026

ORIENTCEM Orient Cement Limited Corporate Action IRB IRB Infrastructure Developers Limited Corporate Action EUROTEXIND Eurotex Industries and Exports Limited Annual Report INNOVISION Innovision Limited Announcement MOLDTECH Mold-Tek Technologies Limited Corporate Action MOTHERSON Samvardhana Motherson International Limited Corporate Action

View all today's announcements →

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

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

📡 Get AI alerts when NITCO files new disclosures

Track NITCO filings, board meetings, and corporate actions. Free email alerts at 5 PM.

Track NITCO — Free

Free account · 2 AI queries/day

About · Privacy Policy · Terms of Service · Pricing

Today's Announcements · Screener · Insights · AI Chat

Data provided by CMOTS Internet Technologies Pvt Ltd