Revised Completion of Acquisition with Auro Fintech Private Limited
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Nidhi Granites Limited has completed the acquisition of Auro Fintech Private Limited, as communicated in a follow-up to its earlier intimation dated 1st April 2025. The company acquired 12,500 equity shares of Auro Fintech, and these shares have now been transferred into Nidhi Granites' name. No financial details such as the acquisition price, valuation, or stake percentage were disclosed in this filing. The announcement is made under SEBI's Listing Obligations and Disclosure Requirements (Regulation 30).
This marks the formal closure of a small acquisition by Nidhi Granites into the fintech space, which represents a diversification move away from its core granites business. With only 12,500 shares acquired and no disclosed deal value, the immediate impact on shareholders or the stock price is likely to be limited, though further disclosures on deal terms and business plans will be watched closely.