Saturday, 31 October 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Merger & Restructuring

NIBE Merger & Restructuring Worth ₹1.52 Cr

Nibe Limited has completed the sale of its step-down subsidiary, Nibe Aeronautics Limited (NAL), for ₹1.52 Crore to Mr. Nibe Ganesh Ramesh. Consequently, NAL has ceased to be a subsidiary of the company effective April 9, 2026.

Key figures
Value₹1.52 Cr
Source

NSE filing, NSE: NIBE. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

NIBE Ltd: key numbers

Share price
₹1,107.70
Market cap
₹1,717 Cr
Revenue (annual)
₹474.4 Cr
Net profit (annual)
₹5.63 Cr
P/E (TTM)
-235.3×Sector 51.5×
Promoter holding
51.46%-0.81% QoQ
FII holding
10.88%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from NIBE Ltd

All →
18:03 IST NSE
Partnership

NIBE Partnership

NIBE Limited signed an MoU with Naval Group, France, to cooperate on naval technologies, strengthening India's self-reliance in shipbuilding and maritime defense.

From
Naval Group, France

Other merger & restructuring announcements

All →