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.