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NITCO/SE/2026-27/45 October 14, 2026
Corporate Service Department The Listing Department
BSE Limited National Stock Exchange of India Limited
Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex,
Dalal Street, Bandra (E),
Mumbai – 400 001 Mumbai – 400 051
Script code: 532722 Script code: NITCO
Dear Sir/Madam,
Subject: Disclosure in terms of Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“the Listing Regulations”), and in continuation
of the Company’s letter bearing reference no. NITCO/SE/2026-27/08 dated May
13, 2026 and NITCO/SE/2026-27/18 dated June 29, 2026, we wish to inform you
that, upon fulfilment of the requisite conditions and receipt of the necessary
approvals from the shareholders, the Company has completed the registration of
the conveyance deed in respect of 75% of the land situated at Kanjurmarg, Mumbai,
in favour of M/s. R Siddhatva Developers Private Limited, a step-down subsidiary
of M/s. Runwal Construction Private Limited, against which consideration of
INR 143 crores have already been received. In respect of the remaining 25% of the
land, the agreement for sale has also been registered in favour of the aforesaid
entity, and the conveyance deed will be executed upon receipt of 1,00,000 square
feet of commercial RERA carpet area along with 8,500 square feet additional space
in the basement. The Company expects to realise revenue of approximately
INR 250 crores from the sale of the commercial space.
The Company had already submitted the requisite details as per Regulation 30 of
the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read
with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated
January 30, 2026 towards the above referred submission.
Request you to take the above intimation on your records.
Thanking You,
For Nitco Limited
Vivek Talwar
Chairman & Managing Director
DIN: 00043180
Registered Office: NITCO Limited, 3/A, Recondo Compound, Sudam Kalu Ahire Marg, Glaxo, Worli Colony, Mumbai,
Maharashtra, India, 400 030. Tel.: 91-22-25772800|25772790. CIN: L26920MH1966PLC016547.
Email: investorgrievances@nitco.in Website: www. nitco.in