NBCC (India) Limited announced updates regarding its wholly-owned subsidiary, NBCC Overseas Real Estate LLC, based in Dubai Mainland, UAE. The subsidiary has changed its object from “Buying and Selling the Real Estate” to “Real Estate development”. The new commercial license has been issued by the Dubai authority on January 27, 2026.
Subsidiary’s Business Update
NBCC (India) Limited has released information regarding its wholly owned subsidiary, NBCC Overseas Real Estate LLC, situated in Dubai Mainland, UAE. The initial incorporation of the subsidiary was previously intimated on May 16, 2025.
Change in Business Objectives
The company’s core business objective has evolved, transitioning from “Buying and Selling the Real Estate” to “Real Estate development”. Correspondingly, the relevant authority in Dubai issued a new commercial license on January 27, 2026.
Source: BSE