Nisus Finance Services Co Ltd

Nisus Finance Acquires 69% Stake in NCCCL – A Strategic Move for Growth 🏗️📈

- Nisus Finance Projects LLP (subsidiary of NiFCO) acquired 67,97,196 equity shares (69% stake) in NCCCL.

- ₹70 crore growth capital infused into NCCCL.

- NCCCL is a 75+ year-old construction leader with 300+ projects covering 200 million sq. ft.

- Provisional FY 2024-25 turnover: ₹60,819 lakhs (FY 2023-24: ₹57,097.68 lakhs).

- Acquisition is a cash deal, expected to close by October 15, 2025.

- NCCCL operates in commercial, residential, and industrial construction.

- Strategic goals: Management-led buyout, growth, and value unlocking.