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NIBE Limited Announces CFO Appointment and Strategic Acquisition

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NIBE Limited Announces CFO Appointment and Strategic Acquisition

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Nibe Ltd. ( (IN:NIBE) ) has shared an announcement.

NIBE Limited, a company involved in various business operations, has announced significant changes following its recent board meeting. The company has appointed Mr. Jigar Shah as the new Chief Financial Officer, effective November 12, 2025, following the resignation of Mr. Rajesh Khatri due to personal reasons. Additionally, the board approved the acquisition of a 48.95% shareholding in Nibe Meson Naval Limited from Quest Flow Controls Limited. The board also approved the un-audited financial results for the second quarter and half-year ending September 30, 2025.

More about Nibe Ltd.

Average Trading Volume: 10,093

Technical Sentiment Signal: Sell

Current Market Cap: 17.8B INR

For an in-depth examination of NIBE stock, go to TipRanks’ Overview page.

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