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Incorporated in 1990, Nila InfrastructuresLtd is involved in the construction and development of infrastructures projects
Nila Infrastructures' "Nirmal Apartment" redevelopment project was cancelled by Gujarat Housing Board. This reduces the company's order book by INR 142.73 Crore. The Earnest Money Deposit will be returned.
Nila Infra has informed shareholders without registered emails about the 36th Annual General Meeting. The company sent links to the AGM notice and FY2025-26 Annual Report. Meeting to be held virtually.
Nila Infra's appeal against Input Tax Credit disallowance was set aside, leading to a ₹2.03 Cr tax liability. The company is challenging the order and anticipates no material financial impact.
Nila Infrastructures received an income tax appellate order, restricting the earlier income addition for AY 2018-19 to INR 0.33 Cr. This partly favorable decision reduces potential tax liabilities stemming from past assessments. No operational impact is foreseen.
Nila Infrastructures wins appeal at Income Tax Appellate Authority. All prior tax demands, interest, and penalties for a block period (excluding AY 2018-19) are now deleted. This eliminates previous liabilities, ensuring no adverse financial impact.