BSECompany Update1d ago · 1 Oct 2026, 10:00 pm

Intimation of Amendment in Work order

Nila Infrastructures Ltd · 530377

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Nila Infrastructures Ltd has received an amendment in the work order from Ahmedabad Municipal Corporation for the Slum Rehabilitation Work of 'Kajimiya ni Chali' at Ahmedabad, resulting in a reduction in the balance free sale land and an increase in the Transferable Development Rights (TDR).

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Earnings Impact6/10
Growth Catalyst4/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Nila Infrastructures Ltd - 530377 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

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NILA INFRASTRUCTURES Nila/Cs/2026/64 LIMITED Date: 01 October 2026 To, To, The General Manager The Manager Department ofCorporate Services Listing Department Bombay Stock Exchange Ltd. The National Stock Exchange of India Limited P. J. Towers, Dalal Street Bandra - Kurla Complex Mumbai -400 001 Mumbai -400 051 Scrip ID 530377 Scrip ID: NILAINFRA DearSir, Sub: Intimation ofAmendment ofWork Order, received from Ahmedabad Municipal Corporation ("AMC"), forSlum Rehabilitation Work of"Kajimiya ni Chali" at Ahmedabad Ref: Regulation 30 ofSEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No CIRICFDICMD/4/2015 dated 09.09.2015 It is hereby submitted that the Company has on 01-10-2026, received intimation from AMC for amendment of Slum Rehabilitation Project of "Kajimiya ni Chali" at Ahmedabad. In this connection, the prescribed disclosure under the above referred regulation is enclosed herewith as anAnnexure. The intimation of amendment is received, underordinary course of business ofthe Company as a regular business activity in normal course. Kindly find the attachment herewith and take the same on your record. Thanking you, Yours faithfully, For Nila Infrastructures Limited Dipen Y. Parikh Company Secretary Encl: a/a ReglsieredOffice: 1stfloor,SombhoovHouse Opp.ChiefJustice'sBungalow Bodokdev,Ahmedabad380015 Tel.: +91 7940036817/18,26870258 Fox:+91 7930126371 e-mail:info@niloinfro.com CIN: L4520lGJ1990PLC013417 -4 1 ANNEXURE Particulars Details Name of the Party to the Work Ahmedabad Municipal Corporation ("AMC"] Order. Nature ofWorkOrder Originallythe project was awarded to the Company for development of a slum "Kajimiya ni Chali" at Ahmedabad by constructing 728 housingunits and 25 commercial shops. The projectwas awarded by AMC under the Slum Rehabilitation and Redevelopment Policy 2013 pursuant to Pradhanmantri Awas Yojna under PPP basis. Total development cost ofthe project was INR 105.02 Crore for which the Companywouldbe receivingTransferable Development Rights (TDR) of INR 56.51 Crore and balance free sale land admeasuring 4209.61 sq.mfrs amountingto INR48.51 Crore. Date ofExecutionof WorkOrder The work was originally awarded by AMC to the Company vide LOA dated 04.10.2025 (received on 07.10.2025) and the present intimationofamendmentisreceivedtodayon 01.10.2026. Details of Amendment / The work is amended bythe AMC whereby the Company would now Cancellation and its Effect be receiving reduced balance free sale land admeasuring 2290 sq. thereon mfrs. of INR 26.39 Crore instead of 4209.61 sq. mfrs. of INR 48.51 Crore, in lieu of additional TDR of INR 22.12 Crore. Therefore, the value of total TDR is increased to INR 78.63 Crore to compensate reduction of size andvalue of land.