- Business
- National Standard (India) Limited engages in real estate development in India, focusing on residential and mixed-use projects; it develops aspirational residential towers and commercial office spaces targeting higher and upper middle-income segments. Incorporated in 1962 as National Standard Duncan Limited and headquartered in Mumbai, Maharashtra, the company changed its name to National Standard (India) Limited and became part of the Lodha Group in May 2011 as a subsidiary of Ananthnath Constructions and Farms Private Limited. Its flagship project, Lodha Grandezza in Thane's Wagle Estate central business district, features twin 18-storey residential towers alongside three Supremus commercial towers offering boutique office spaces from 2,000 to 20,000 square feet; operations are concentrated in Mumbai and surrounding regions with listing on the Bombay Stock Exchange under ticker NATIONSTD.BO and Calcutta Stock Exchange, ISIN INE166R01015. Historically involved in manufacturing tyre bead-wire, tyre moulds, and related machinery including hi-tensile wires and engraved steel moulds for radial and off-the-road tyres, the company shifted to real estate following financial challenges and BIFR proceedings. Recent developments include strong Q2 FY26 results with operational revenue rising to ₹1,725.18 lakhs from ₹380.25 lakhs year-over-year and H1 FY26 total income doubling to ₹2,777.74 lakhs; the board approved a merger scheme with Lodha Developers Limited (formerly Macrotech Developers Limited) on July 30, 2024, with a modification on August 11, 2025, pending regulatory approvals.