Nicco Engineering Services increases stake in Nicco Parks

Nicco Engineering Services Limited (NESL) and its Persons Acting in Concert (PACs) have disclosed an increase in their shareholding in Nicco Parks & Resorts Limited. The acquisition, conducted via open market purchases from September 23, 2022, to December 9, 2025, resulted in an overall holding of 19.56% of the total diluted share/voting capital.

Before this acquisition, NESL and PACs collectively held 17.15% of the total share/voting capital. The latest transactions involved the acquisition of 1,127,117 shares, representing 2.41% of the total share/voting capital.

Following the acquisition, Nicco Engineering Services Limited directly holds 3,760,211 shares, constituting 8.04% of Nicco Parks & Resorts Limited. The total holding of NESL and PACs now stands at 9,152,681 shares, or 19.56% of the company's equity share capital, which comprises 46,800,000 equity shares of Re. 1/- each.