Latest news about Nila Infrastructures
Nila Infrastructures
9.03
+0.15(+1.69%)
Company Performance:
View Company Insights1D+1.69%
1M+11.90%
6M-7.10%
1Y-4.55%
5Y+110.00%
More news about Nila Infrastructures
13Mar 26
Nila Infrastructures Wins CGST Appeal, Saves ₹1.01 Crore in Disallowed ITC and Penalties
Nila Infrastructures Limited has won its appeal against the CGST Department, with the Appeals Commissioner setting aside the entire demand of ₹50,50,133 in disallowed ITC and equivalent penalty. The original GST Department order had alleged wrongful availment in TRAN-01 under CGST Act provisions. The favorable appellate order dated 27 February 2026 provides complete financial relief exceeding ₹1 crore including interest, effectively closing the matter with no outstanding liabilities.
26Feb 26
Nila Infrastructures Limited Receives BWR BBB+ Credit Rating Assignment and Upgrade from Brickwork Ratings
Nila Infrastructures Limited announced receipt of BWR BBB+ Stable/A2 credit ratings from Brickwork Ratings for banking facilities worth INR 136.42 crore on February 26, 2026. The rating covers fund-based long-term facilities of INR 24.67 crore and non-fund based facilities of INR 111.75 crore, both receiving assignment and upgrade actions. Brickwork Ratings also withdrew ratings on closed facilities of INR 8.15 crore, demonstrating active debt portfolio management by the infrastructure company.
20Jan 26
Nila Infrastructures Limited Schedules Board Meeting for January 27, 2026 to Review Q3FY26 Financial Results
Nila Infrastructures Limited has scheduled a board meeting for January 27, 2026, to consider and approve unaudited standalone and consolidated financial results for Q3FY26 and nine months ended December 31, 2025. The meeting will be held at the company's registered office in Ahmedabad. As per insider trading regulations, the trading window closure will end 48 hours after results are published on January 27, 2026.
11Nov 25
Nila Infrastructures Reports Q2 Results Amid Ongoing Tax Assessment Appeals
Nila Infrastructures Limited announced unaudited financial results for Q2 and H1 FY2025-26. Q2 saw total income of ₹7,796.16 lakhs and profit after tax of ₹701.68 lakhs. H1 results show total income of ₹17,446.14 lakhs and profit after tax of ₹1,444.18 lakhs. The company faces ongoing income tax assessment challenges from a 2021 search operation, with appeals filed against orders for multiple years. Auditors emphasized uncertainty regarding the final impact of these tax matters.
08Oct 25
Nila Infrastructures Secures ₹105 Crore Slum Rehabilitation Contract in Ahmedabad
Nila Infrastructures Limited has been awarded a Letter of Intent by the Ahmedabad Municipal Corporation for a slum rehabilitation project valued at ₹105.02 Crore. The project, 'Kajimiya ni Chali', involves constructing 728 housing units and 25 commercial shops in Ahmedabad over 30 months. The contract includes Transferable Development Rights worth ₹56.51 Crore and free sale land of 4,209.67 sq. mtrs valued at ₹48.51 Crore. This project is part of the Slum Rehabilitation and Redevelopment Policy 2013 under the Pradhanmantri Awas Yojna and follows a Public-Private Partnership model.
09Sept 25
Nila Infrastructures Secures INR 12.75 Crore Sewage Treatment Plant Contract in Mahesana, Gujarat
Nila Infrastructures Limited has been awarded a contract worth INR 12.75 crore by Mahesana Municipal Corporation for the construction and maintenance of a 2.0 MLD Sewage Treatment Plant in Gujarat. The project includes engineering, construction, and commissioning of the plant, implementation of a 24x7 cloud-based monitoring system, and operation and maintenance for 5 years post-construction. The construction period is set at 12 months. The company confirmed no involvement of promoter group interest or related party transactions in this project.
25Mar 25
Nila Infrastructures Secures ₹63.52 Crore Order for Slum Redevelopment Project
Nila Infrastructures Limited has been awarded a ₹63.52 crore order by Shree Infracon Private Limited for the finishing work of a slum rehabilitation project in Ahmedabad. The project, part of the Pradhanmantri Awas Yojna, involves constructing 1,694 residential flats and includes a 7-year maintenance period. The company is expected to complete the work within 10 months. This order represents 17.17% of Nila Infrastructures' current market capitalization of ₹370.00 crore.
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