Completion of Acquisition of Auro Fintech Private Limited.
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Nidhi Granites Ltd has completed the acquisition of Auro Fintech Private Limited by purchasing 12,500 equity shares, which have now been transferred into the company's name. This follows an earlier intimation dated 1st April 2025. The move marks Nidhi Granites' entry into the fintech space, a significant diversification from its existing granite business. No financial details such as deal value or share percentage were disclosed in this filing.
This is a diversification move into fintech for a granite-focused company, which could reshape its business profile. Shareholders should watch for further disclosures on deal value, revenue impact, and how this fits into the company's long-term strategy.