Promoter Kiran B Vadodaria sold 10 lakh shares of Nila Spaces Limited through the open market, reducing his stake from 7.28% to 7.03%. This marks the fifth open-market sale by the promoter group in 30 days.
A real estate developer incorporated in 2000, Nila Spaces Limited focuses on developing residential and commercial property projects across India. The company designs and executes mixed-use spaces combining residential units with commercial components tailored to urban markets. Nila Spaces operates through a diversified portfolio approach, delivering projects that serve individual homebuyers, institutional investors, and businesses seeking quality real estate opportunities in growing Indian cities.
