Dear Shareholders,
It gives me immense pleasure and gratitude to present our annuaL report for the fiscaL
year 2023-24. NiLa Infrastructures Ltd. is emerged as a beacon of transformation in the
realm of urban development and community empowerment for its remarkabLe execution of sLum
rehabiLitation projects and present engagement into redevelopment of housing projects. At
the heart of our mission lies a commitment of redefining Landscapes and reimagining cities
through innovative housing projects, slum rehabilitation initiatives, and the creation of
vital social infrastructure. We are not mereLy buiLders of concrete and steeL; we are
architects of change, dedicated to enhancing lives and fostering sustainable growth.
These projects have not only contributed to the value creation of our shareholders but
also propelled economic growth by enhancing standard of living of people. As we Look
ahead, the prospects are even more promising. Ahmedabad has emerged as an economic hub,
and our company is positioned perfectly to be at the forefront of this growth when it
comes to urban infrastructure development.
Our journey so far has been nothing short of remarkabLe. From the inception of city
based reaL estate schemes to ambitious BTRS projects to housing redeveLopment & sLum
rehabiLitation projects; we have witnessed firsthand the profound impact of our efforts on
communities and individuaLs. Each brick Laid and every Life upLifted reaffirms our beLief
in the power of incLusive growth. As we reflect on our achievements, we recognize that our
success is intricately woven with our unwavering commitment to best corporate governance
practices. transparency, accountability, and ethical conduct are not just buzzwords for
us; they are the cornerstones upon which we buiLd trust with our stakehoLders and society
at Large. Looking ahead, the horizon is brimming with promise. The future holds exciting
opportunities for us to continue pushing boundaries, creating value for all
stakehoLders—be it our investors, partners, empLoyees, or the communities we serve.
Our strategic foresight and adaptability will enable us to navigate challenges and seize
new avenues for growth.
In these transformative times, where the demand for sustainable urban solutions is
ever-growing, our company stands poised to Lead the charge. Our projects not onLy shape
skyLines but aLso redefine societaL norms, setting benchmarks for exceLLence in
infrastructure development and also empower community living.
As we embark on the next phase of our journey, I invite each of you to join hands with
us. Together, let us script a future where cities are not just buiLt, but nurtured; where
Lives are not just transformed, but empowered; and where progress is measured not only by
economic indicators but also by the social impact we create.
Thank you once again for your unwavering support and beLief in our vision. Here's to a
promising future and the exciting times ahead.
Manoj B Vadodaria
Chairman & Managing Director
Nila Infrastructures Ltd.