New Delhi, Feb. 14 -- Germany based VEKA on Friday said it has successfully acquired 100 per cent ownership of the Company, marking VEKA's unwavering commitment to the Indian market and its confidence in India's rapidly expanding construction, real estate, and infrastructure sectors.
With VEKA now holding 100 per cent control, following a takeover of the remaining 50 per cent stake previously held by NCL and other shareholders , company said in a release.
Since its launch in 2009, the company has become India's largest producer of uPVC profiles for doors and windows. VEKA holds largest market share across 130 cities, with a strong product portfolio and a revenue of Rs 442 crores in 2024, maintaining its leadership in the uPVC window and d...