Nitesh Estates on Friday said that it has successfully managed to reduce its debt by ₹407.88 crore from the overall consolidated debt which was appearing in the consolidated financials. Earlier in January, the company had said it aims to reduce the overall debt by ₹700 crore in the next 180 days. Now, the company has reduced its debt by approximately 30 per cent. Shareholders and investors of Nitesh Estates will closely monitor further developments on this front.

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