Nisus Finance Services Co Limited (BSE: NISUS | 544296) has acquired a majority stake in New Consolidated Construction Company Ltd. (NCCCL) via its subsidiary, Nisus Finance Projects LLP. The all-cash, management-led buyout includes a Rs70 crore infusion as primary growth capital, strengthening NCCCL’s balance sheet and positioning it for expansion across India’s evolving infrastructure landscape.
The acquisition marks a pivotal milestone in Nisus’ strategy to consolidate its urban infrastructure platform. With MD & CEO Mahesh Mudda stepping into the role of Promoter and the senior leadership team remaining intact, the deal ensures continuity and execution excellence.
“We are unlocking a new growth chapter for Nisus,” said Amit Goenka, Chairman & MD, Nisus Finance. “This synergy between our capital vision and NCCCL’s execution legacy positions us to drive scale, efficiency, and resilience in a sector backed by strong structural tailwinds.”
For Nisus, the acquisition unlocks multi-layered strategic advantages:
- Urban Infrastructure Integration: Combines Nisus’ capital strength with NCCCL’s eight-decade construction legacy.
- Diversified Revenue Streams: Enables participation across financing and operational segments of the value chain.
- Developer Access: Expands relationships with marquee clients and premium project pipelines.
- Operational Upside: Leverages NCCCL’s delivery capabilities to enhance governance and efficiency.
“This partnership allows us to continue our rich legacy while embracing transformative growth,” said Abbas Jasdanwalla, Chairman, NCCCL. “The leadership synergy between Mahesh Mudda and Amit Goenka is the ideal catalyst for our next phase.”
Looking ahead, Nisus is poised to capitalize on sectoral tailwinds—from smart cities and housing demand to data centers and logistics hubs. The acquisition is expected to scale Nisus’ assets under management (AUM) and improve return on capital employed.
“This is more than a leadership transition—it’s a transformation,” said Mahesh Mudda, MD & CEO, NCCCL. “As a professional-turned-Promoter, I’m investing four decades of experience and conviction into expanding NCCCL into tech-first, future-ready verticals. With Nisus’ strategic foresight, we’ll institutionalize execution while staying rooted in trust and engineering excellence.”
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