NBCC (India) Limited has informed stock exchanges about a significant operational change in its Dubai-based subsidiary, marking a strategic shift in its international business approach.

Subsidiary Business Object Modification

The company's wholly owned subsidiary, NBCC Overseas Real Estate LLC, located in Dubai Mainland, UAE, has officially changed its business object. The modification involves a shift from the previous focus of "Buying and Selling the Real Estate" to "Real Estate development."

Regulatory Compliance and Documentation

The Dubai authorities have issued a new commercial license reflecting this change on January 27, 2026. This regulatory approval enables the subsidiary to operate under its revised business mandate in the UAE market.

The company has maintained transparency by making this information available on its official website at the announcements and notices section. This follows the original intimation dated May 16, 2025, when NBCC first informed exchanges about the incorporation of this wholly owned subsidiary.

Corporate Structure Enhancement

This development represents NBCC's continued expansion of its international operations through its Dubai subsidiary. The shift from trading real estate to development activities indicates a more active role in the UAE's real estate sector, potentially allowing for greater involvement in construction and project development activities.

The company has fulfilled its disclosure obligations under Regulation 30, ensuring all stakeholders are informed of this material change in subsidiary operations.

NBCC has announced securing new work orders worth ₹62.62 crore, marking another significant addition to its project portfolio. The orders encompass construction projects for NHPC and renovation projects for Odisha government universities.

Order Details

The company has won contracts across two key segments:

Strategic Significance

These new orders reinforce NBCC's strong presence in the government sector, particularly in infrastructure development and educational facility management. The diversified nature of the contracts demonstrates the company's capability to handle different types of construction and renovation projects.

Market Position

The successful acquisition of these orders highlights NBCC's competitive positioning in securing government contracts. The company continues to leverage its expertise in public sector projects, with these new additions expected to contribute to its ongoing revenue streams.

The orders span across power sector infrastructure through NHPC projects and educational infrastructure through Odisha university renovations, showcasing the company's versatility in handling diverse project requirements.