Nidhi Granites Share Price Today

Nidhi Granites acquires stake in Jowela Exim, makes it subsidiary

Nidhi Granites acquired 16,00,000 equity shares of Jowela Exim Private Limited. Shares were allotted at ₹10 each via a rights issue on October 15, 2026. Jowela Exim now stands as a subsidiary of Nidhi Granites. Intimation received by Nidhi Granites on October 22, 2026.

Nidhi Granites acquires 50.50% stake in Jowela Exim for ₹1.6 crore

Nidhi Granites acquires 50.50% stake in Jowela Exim for ₹1.6 crore. Target entity reports turnover of ₹743.54 crore as on March 31, 2026. Acquisition transforms Jowela Exim into a subsidiary of Nidhi Granites. Deal involves subscription to 16,00,000 equity shares at ₹10 face value.

Nidhi Granites Q1FY26 net profit up 29% to ₹289.56 lakh as costs fall

Nidhi Granites Ltd delivered a 29% YoY increase in consolidated net profit to ₹289.56 lakh for Q1FY26, despite a 20% decline in revenue to ₹1,583.80 lakh. The profit growth was driven by a 28% fall in total expenses, particularly lower material costs. The standalone entity turned profitable with a net profit of ₹27.11 lakh, reversing a prior-year loss, aided significantly by other income. The financial technology segment remains the primary profit driver for the group.

Nidhi Granites shareholders approve all AGM resolutions with 99.99% support

Nidhi Granites Limited reported unanimous shareholder approval for all resolutions at its 44th AGM on July 22, 2026. With a 91.21% turnout, members ratified FY26 financial statements and re-appointed directors and auditors, reflecting strong governance stability.

Nidhi Granites schedules 44th AGM on July 22, 2026

Nidhi Granites Limited has scheduled its 44th Annual General Meeting for July 22, 2026, via video conferencing, with a record date of July 15, 2026. The company reported a consolidated profit of ₹767.77 lakh for FY26, a significant increase from ₹191.85 lakh in the previous year, driven by the financial technology segment. Standalone results showed a loss of ₹126.56 lakh. The board has proposed the re-appointment of key directors and auditors.

Nidhi Granites reports consolidated net profit of ₹767.77 lakh in FY26

Nidhi Granites Limited reported a consolidated net profit of ₹767.77 lakh for FY26, up from ₹191.85 lakh in the previous year, with revenue rising to ₹6,520.44 lakh. The standalone entity posted a loss of ₹126.56 lakh. The company acquired Paynov8 Private Limited and divested Fine Papyrus Private Limited. The board proposed the re-appointment of auditors and key directors at the upcoming AGM.