Nidhi Granites Limited receives allotment of 16 lakh equity shares in Jowela Exim Pvt Ltd
Nidhi Granites · Other Construction Materials
Key highlights
- Jowela Exim Private Limited allotted 16,00,000 equity shares of ₹10 each to Nidhi Granites Limited.
- The allotment was made on 15th October 2026; intimation received by Nidhi Granites on 22nd October 2026.
- Following the allotment, Jowela Exim Private Limited has become a subsidiary of Nidhi Granites Limited.
Why it's rated notable: The filing states a binding allotment of 16,00,000 equity shares of ₹10/- each in Jowela Exim Private Limited, making it a subsidiary, but it states no total consideration, so the level stays at medium.
Original filing
Announcement under Regulation 30 (LODR)-Updates on Acquisition
Read the filing on BSE (PDF) →Companies guiding to strong growth
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Potential multibaggers · Q2 FY27
Potential multibaggers in Other Construction Materials
on management's own guidance
- Strong growth2
- Strong growth1
- Glass Wall Syst.Good growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.