16:13 IST
NSE
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.
- Value
- ₹1.52 Cr