BSECompany Update5h ago · 15 Oct 2026, 09:01 pm

Pursuant to Regulation 30 of Listing Regulations read with SEBI Master Circular dated July 11, 2023, we wish to inform you that the Board and Members of Algebra Endeavour Private Limited (AEPL), at their respective meeting held today approved the voluntary liquidation of AEPL under the provisions of Section 59 of Insolvency and Bankruptcy Code, 2016

Nuvoco Vistas Corporation Ltd · 543334

✦ AI SummaryInsolvency

Nuvoco Vistas Corporation Ltd has informed about the voluntary liquidation of its wholly owned subsidiary, Algebra Endeavour Private Limited, under the Insolvency and Bankruptcy Code, 2016. Upon completion, the step-down subsidiary, Vadraj Energy (Gujarat) Limited, will become a wholly owned subsidiary of the company, simplifying the group structure.

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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk4/10
Liquidity Impact5/10
Market Sentiment4/10

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Nuvoco Vistas Corporation Ltd - 543334 - Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 (Listing Regulations) - Voluntary Liquidation Of Algebra Endeavour Private Limited (Wholly Owned Subsidiary)

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Ref. No.: Sec/113/2026-27 October 15, 2026 BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Exchange Plaza, C–1, Block G, Bandra Kurla Street, Fort, Mumbai – 400 001 Complex, Bandra (East), Mumbai – 400 051 Scrip Code: 543334 Trading Symbol: NUVOCO Scrip ID: NUVOCO Scrip Code: NVCL 28 and NVCL77A Dear Sir/Madam, Sub: Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) – Voluntary liquidation of Algebra Endeavour Private Limited (wholly owned subsidiary) Pursuant to Regulation 30 read with Part A of Schedule III of the Listing Regulations, SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated July 11, 2023 (as amended) (“SEBI Master Circular”), we wish to inform you that the Board and Members of Algebra Endeavour Private Limited ("AEPL"), at their respective meetings held today approved the voluntary liquidation of AEPL under the provisions of Section 59 of the Insolvency and Bankruptcy Code, 2016. Upon completion of the voluntary liquidation process and dissolution of AEPL, Vadraj Energy (Gujarat) Limited (“VEGL”), step-down subsidiary of the Company will become wholly owned subsidiary of the Company, thereby simplifying the Group Structure of the Company. The details as required under the Listing Regulations read with SEBI Master Circular are given in Annexure A. We request you to take the above on record. Thanking you, Yours faithfully, For Nuvoco Vistas Corporation Limited Shruta Sanghavi SVP and Company Secretary Annexure Particulars Details a) the amount and percentage of the Turnover as on March 31, 2026 - Rs.0.02 crores turnover or revenue or income and net Percentage contribution to Company’s Turnover worth contributed by such unit or division – Nil or undertaking or subsidiary or associate company of the listed entity during the Net worth as on March 31, 2026 - Rs.115 crores last financial year Percentage contribution to Company’s Net worth – 1.12% b) date on which the agreement for sale has Not Applicable been entered into c) the expected date of completion of sale/ Upon receipt of Order from National Company disposal Law Tribunal d) consideration received from such sale/ Not Applicable disposal e) brief details of buyers and whether any of Not Applicable the buyers belong to the promoter/ promoter group/group companies. If yes, details thereof f) whether the transaction would fall within Not Applicable related party transactions? If yes, whether the same is done at “arm’s length” g) whether the sale, lease or disposal of the Not Applicable undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations h) additionally, in case of a slump sale, Not Applicable indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale