Outcome of Board Meeting

Ref. No.: Sec/48/2026-27 July 13, 2026 BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C–1, Block G, Bandra Kurla Dalal Street, Fort, Mumbai – 400 Complex, Bandra (East), Mumbai – 400 051 001 Trading Symbol: NUVOCO Scrip Code: 543334 Scrip Code: NVCL 28 and NVCL77A Scrip ID: NUVOCO Dear Sir/Madam, Sub: Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) - Resignation of Statutory Auditors Pursuant to Regulation 30 read with Schedule III of the Listing Regulations and SEBI Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated July 11, 2023 (updated as on January 30, 2026) (“SEBI Master Circular”), we wish to inform you that M/s. M S K A & Associates LLP, Chartered Accountants (Firm Registration No. 105047W/W101187) (“M S K A”) have tendered the resignation as the Statutory Auditors of the Company vide its letter dated July 13, 2026. The Company had appointed M S K A as the Statutory Auditors in casual vacancy for FY 2016-17 and subsequently as the Statutory Auditors to hold office up to the conclusion of the 23rd Annual General Meeting ("AGM"). Thereafter, M S K A were re-appointed as Statutory Auditors for a second term at the 23rd AGM held on August 5, 2022, to hold office up to the conclusion of the 28th AGM to be held in the year 2027. Based on their interpretation on Section 139 of the Companies Act, 2013, M S K A believes that they have completed the permissible term of 10 years and have completed the audit of the financial statements of the Company for 10 financial periods/ years (including casual vacancy) i.e. from FY 2016-17 to FY 2025-26. Hence, they have expressed their inability to continue as Statutory Auditors of the Company and have tendered their resignation from the conclusion of the Board meeting held today. The Audit Committee and the Board of Directors of the Company at their respective meetings held today have taken on record the attached resignation letter annexed as Annexure - I, submitted by M S K A. Nuvoco Vistas Corp. Ltd. Registered Office: Equinox Business Park, Tower-3, East Wing, 4th Floor, Off. Bandra Kurla Complex, LBS Road, Kurla (West), Mumbai-400070 Tel: +91 (0) 22 67692500 / +91 (0) 22 67692525 | Fax: +91 (0) 22 67692572 | website: www.nuvoco.com | CIN- L26940MH1999PLC118229 The details as required under Regulation 30 read with Schedule III of the Listing Regulations and SEBI Master Circular are annexed as Annexure – II. We request you to take the above on record. Thanking you, Yours faithfully, For Nuvoco Vistas Corporation Limited Shruta Sanghavi SVP and Company Secretary Nuvoco Vistas Corp. Ltd. Registered Office: Equinox Business Park, Tower-3, East Wing, 4th Floor, Off. Bandra Kurla Complex, LBS Road, Kurla (West), Mumbai-400070 Tel: +91 (0) 22 67692500 / +91 (0) 22 67692525 | Fax: +91 (0) 22 67692572 | website: www.nuvoco.com | CIN- L26940MH1999PLC118229 Infinity Benchmark, Unit 1302 13th Floor, Plot No. G-1, Block –EP & GP Sector –V, Salt Lake Kolkata, West Bengal 700 091 Annexure I The Board of Directors Nuvoco Vistas Corporation Limited, Equinox Business Park, Tower 3, East Wing, 4th Floor, LBS Marg, Kurla (West), Mumbai -400070 Subject: Resignation as Statutory Auditors of Nuvoco Vistas Corporation Limited (‘the Company’) We, M S K A & Associates LLP (ICAI Firm Registration Number: 105047W / W101187) (Formerly M S K A & Associates) were re-appointed as the Statutory Auditors of the Company at its 23rd Annual General Meeting held on 5th August 2022 to hold office upto the conclusion of the 28th Annual General Meeting to be held in the year 2027. We have completed the audit of financial statements of the Company for the last 10 financial period / years i.e. for the financial period / years from 2016-17 to 2025-26 i.e. inclusive of the year in which we were appointed following a casual vacancy. We wish to inform you that as per the provisions of Section 139 of the Companies Act, 2013 and our interpretation thereof, we believe we have completed our permissible term of 10 years. Accordingly, in view of the same, we express our inability to continue as the Statutory Auditors of the Company and tender our resignation with effect from the conclusion of the Board Meeting scheduled to be held on July 13, 2026. We take this opportunity to thank the Management of the Company for the cooperation and professional support extended to us during our association with the Company. Should you require any assistance, please feel free to contact us. Further, as required by SEBI circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, dated July 11, 2023 (updated as on January 30, 2026), please find attached information in Annexure A to be obtained by the Company from the auditors. Yours Sincerely, For M S K A & Associates LLP (Formerly M S K A & Associates) Chartered Accountants ICAI Firm Registration Number: 105047W / / W101187 Puneet Digitally signed by Puneet Agarwal Agarwal Date: 2026.07.13 16:47:49 +05'30' Puneet Agarwal Partner Membership Number: 064824 Date –13 July 2026 RegisteredOffice:602, Raheja Titanium, Western Express Highway, Goregaon (East), Mumbai-400063, Maharashtra, India Tel: +91 22 6974 0200| LLPIN: ACT-3789 Ahmedabad | Bengaluru | Chandigarh | Chennai | Coimbatore | Goa | Gurugram | Hyderabad | Kochi | Mumbai | Pune www.mska.in Infinity Benchmark, Unit 1302 13th Floor, Plot No. G-1, Block –EP & GP Sector –V, Salt Lake Kolkata, West Bengal 700 091 Annexure A Format of information to be obtained from the statutory auditor upon resignation 1. Name of the listed entity/ material subsidiary: Nuvoco Vistas Corporation Limited 2. Details of the statutory auditor: a. Name: M S K A & Associates LLP (Formerly M S K A & Associates) b. Address: 602, Floor 6, Raheja Titanium Western Express Highway, Geetanjali Railway Colony, Ram Nagar, Goregaon (E) Mumbai 400063, INDIA c. Phone number: + 91 22 6831 1600 d. Email: puneetagarwal@mska.in 3. Details of association with the listed entity/ material subsidiary: a. Date on which the statutory auditor was appointed: 5thAugust 2022 b. Date on which the term of the statutory auditor was scheduled to expire: AGM to be held in 2027. c. Prior to resignation, the latest audit report/limited review report submitted by the auditor and date of its submission –Limited Review Report for the Quarter Ended 30th June 2026 dated 13thJuly 2026 4. Detailed reasons for resignation: Completion of term as per Section 139 of the Companies Act, 2013. 5. In case of any concerns, efforts made by the auditor prior to resignation (including approaching the Audit Committee/Board of Directors along with the date of communication made to the Audit Committee/Board of Directors) –Not Applicable 6. In case the information requested by the auditor was not provided, then following shall be disclosed: a. Whether the inability to obtain sufficient appropriate audit evidence was due to a management-imposed limitation or circumstances beyond the control of the management –Not Applicable b. Whether the lack of information would have significant impact on the financial statements/results -Not Applicable RegisteredOffice:602, Raheja Titanium, Western Express Highway, Goregaon (East), Mumbai-400063, Maharashtra, India Tel: +91 22 6974 0200| LLPIN: ACT-3789 Ahmedabad | Bengaluru | Chandigarh | Chennai | Coimbatore | Goa | Gurugram | Hyderabad | Kochi | Mumbai | Pune www.mska.in Infinity Benchmark, Unit 1302 13th Floor, Plot No. G-1, Block –EP & GP Sector –V, Salt Lake Kolkata, West Bengal 700 091 c. Whether the auditor has performed alternative procedures to obtain appropriate evidence for the purposes of audit/limited review as laid down in SA 705 (Revised) –Not applicable d. Whether the lack of information was prevalent in the previous reported financial statements/results. If yes, on what basis the previous audit/limited review reports were issued. -Not [Showing first 8,000 characters — download PDF for full document]