Nikita Greentech Recycling Credit Rating
Infomerics Valuation and Rating Ltd. reaffirmed credit ratings for Nikita Greentech Recycling Limited. The agency also enhanced the company's total rated bank loan facilities.
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Infomerics Valuation and Rating Ltd. reaffirmed credit ratings for Nikita Greentech Recycling Limited. The agency also enhanced the company's total rated bank loan facilities.
Nikita Greentech Recycling Limited submitted its Annual Report for FY 2025-26 and the Notice for its 37th AGM. The meeting is scheduled for September 30, 2026.
Nikita Greentech Recycling Ltd held a board meeting approving the 37th AGM notice and a Material Related Party Transaction involving Rs. 70 Crore loan acceptance.
NIKITA Greentech Recycling will temporarily shut its Paper Unit (PM‑I) from 15 July to Oct 2026 for machinery upgrades. The unit accounts for Rs.13,127.69 lakh (≈₹131 Cr), 37.5% of turnover.
Nikita Greentech will shut its Paper Unit (PM‑I) from July 15 to October 2026 for machinery upgrades. Production at Plant Unit (PM‑II) will continue, ensuring supply commitments.
Nikita Greentech Recycling plans to add 550 TPD to its paper line. The expansion needs ₹107.54 Crore, to be completed July‑October 2026.
Infomerics reaffirmed Nikita Greentech's ratings at IVR BBB and IVR A3+ for ₹160.95 Crore facilities. The long-term outlook was revised from Stable to Negative due to moderated profitability.
Nikita Greentech Recycling approved FY26 financial results and re-appointed key auditors and directors. The board also noted the internal auditor's resignation and approved IPO proceeds utilisation.
Nikita Greentech's board approved auditor appointments and five-year re-appointments for directors Ayush and Sandhya Bansal. These leadership and governance updates ensure long-term operational stability.
Nikita Greentech Recycling Limited confirmed full utilization of its ₹67.54 Crore IPO proceeds without deviations. The funds supported capital expenditure for a power plant and working capital.
Nikita Greentech Recycling Ltd reported revenue from operations of ₹171.7 Cr (-13.5% YoY) and net profit of ₹4.8 Cr (-62.8% YoY) for H2 FY26.
Nikita Greentech Recycling approved audited FY26 financial results with an unmodified auditor opinion. The company also confirmed full utilization of ₹67.54 Crore IPO proceeds.
Nikita Greentech Recycling clarified that its stock price movement is purely market-driven. The company confirmed no unpublished price-sensitive information exists that would impact trading behavior.
Nikita Greentech Recycling's internal auditor, Arora Vikas And Associates, resigned effective May 08, 2026. The auditor cited other professional pre-occupations for their departure.
Nikita Greentech Recycling Limited submitted an initial disclosure confirming it does not qualify as a 'Large Corporate' for FY 2025-26 under SEBI debt-raising norms. The company reported no outstanding long-term borrowings or credit ratings applicable under the framework. This routine regulatory filing clarifies the company's borrowing classification to investors and the National Stock Exchange.
Nikita Greentech Recycling Limited submitted an annual declaration from its promoters confirming no encumbrances or pledges were created on their 58.95% shareholding during FY 2025-26. This compliance filing under SEBI (SAST) Regulations affirms the stability of the promoter group's equity stake.
Nikita Greentech Recycling Limited submitted its quarterly compliance certificate under SEBI (Depositories and Participants) Regulations for the period ended March 31, 2026. The Registrar and Share Transfer Agent confirmed that no physical share certificates were received for dematerialization during this quarter.