MICL Group news
All 6 EstateHerald stories about MICL Group, newest first. Latest: 5 November 2026.
The buyback cancellation lowers the number of shares in issue, and the buyback programme is still running into December.
The orders lift its EPC portfolio to about ₹858 crore, but the filing gives no customer name or timeline for the main tower.
The developer says 65–70% of its ongoing projects are sold, and it is 75% through a ₹169 crore buyback, with a ₹5,000 crore pre-sales target for FY27 and FY28.
The Mumbai developer's quarterly sales and revenue grew faster than profit, and its Marine Lines deal with Godrej is now the main item investors will track.
The listed parent says the associate LLP has finished its project and been inactive for over four years, so the step is unlikely to touch existing buyers.
The open-market programme covers up to 99 lakh shares at a maximum price of ₹171 each and is scheduled to close no later than 16 December.