BSECompany Update2d ago · 27 Jul 2026, 01:47 pm

Navigant Corporate Advisors Ltd ("Manager to the Delisting Offer") has submitted to BSE a copy of Detailed Public Announcement for the attention of Public Shareholders of Nitin Castings ....

Nitin Castings Ltd · 508875

✦ AI Summary▼ NegativeResults

Nitin Castings Ltd's promoters have expressed their intention to voluntarily delist the company's equity shares from the BSE, as per the SEBI Delisting Regulations.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern8/10
Regulatory Risk6/10
Balance Sheet Risk4/10
Liquidity Impact3/10
Market Sentiment2/10

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Nitin Castings Ltd - 508875 - Detaiedl Public Announcement (Voluntary Delisting)

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NAVIGANT CORPORATE ADVISORS LIMITED Regd. Office: 804, Meadows, Sahar Plaza Complex, J B Nagar, Andheri- Kurla Road, Andheri (East) Mumbai-400 059; Tel: +91-22- 4120 4837 / +91 22 4973 5078 Email: navigant@navigantcorp.com; Website:www.navigantcorp.com (CIN: L67190MH2012PLC231304) Date: July 27, 2026 BSE Limited, P.J. Towers, Dalal Street, Mumbai – 400 001, Maharashtra, India Scrip Code: 508875 ISIN: INE861H01020 Sub: Detail Public Announcement (“DPA”) of voluntary delisting of Equity Shares of a face value of ₹5/- (Rupees Five Only) each of Nitin Castings Limited (“NCL”, “Company” or “Target Company”) from BSE Limited (“BSE”) in accordance with the provisions of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021, as amended (“SEBI Delisting Regulations”). Dear Sir / Madam, We, Navigant Corporate Advisors Limited, Manager to the Delisting Offer, wish to inform you that Mr. Nirmal B. Kedia (Acquirer -1), Mr. Nitin S. Kedia (Acquirer -2) and M/s. Citrus Castings Private Limited (Acquirer -3) all forming part of the Promoters/Promoter Group (hereinafter referred to as the (“Acquirers” ) had expressed its intention through Initial Public Announcement (“IPA”) dated January 30, 2026 to voluntarily delist the Equity Shares of the Target Company from BSE, the recognized stock exchange where the Equity Shares of the Target Company are listed, by making a delisting offer to acquire all the Equity Shares that are held by the Public Shareholders of the Target Company pursuant to and in accordance with the SEBI Delisting Regulations (“Delisting Offer”). In connection with the aforesaid Delisting Offer and in-principle approval of BSE dated July 23, 2026, we, Manager to the Delisting Offer, for and on behalf of the Acquirers, have issued this DPA with regards to the Delisting Offer, today, i.e. on July 27, 2026, in accordance with Regulation 15 of the SEBI Delisting Regulations, in the following newspapers: Newspaper Language Edition Financial Express English All Jansatta Hindi All Pratahkal Marathi Mumbai Please find enclosed a copy of the DPA for your reference and records. Request you to disseminate the said information on your website. Capitalized terms used in this letter unless defined herein shall have the same meanings as ascribed to them in the enclosed Detailed Public Announcement. Thanking You, For Navigant Corporate Advisors Limited Sarthak Vijlani Managing Director Encl: As above www.pratahkal.com www.pratahkal.com www.pratahkal.com पंचरारांिकर हॉटेलमधये THIS IS ONLY PUBLIC ANNOUNCEMENT FOR INFORMATION PURPOSES AND NOT A PROSPECTUS ANNOUNCEMENT. THIS DOES NOT CONSTITUTE AN INVITATION OR OFFER TO ACQUIRE, PURCHASE OR SUBSCRIBE FOR SECURITIES. मिहलेवर अतयाचार NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY OUTSIDE INDIA. सरीआयएन: L24119MH2002PLC136003 Our Company was originally formed as a Private Limited Company in the name of "Fusion Klassroom Edutech Private Limited" under the provisions of the Companies Act, 2013 on November 03, 2016 vide Certificate of Incorporation issued by Registrar of Companies, Central Registration Centre bearing Corporate Identity Number U74999MH2016PTC287390. Subsequently, our Company गजु रातचया एिा ४५ वरवीय was converted into a Public Limited Company under the Companies Act, 2013 pursuant to a special resolution passed at the Annual General Meeting of our Company held on September 29, 2025 and the name was changed to “Fusion Klassroom Edutech Limited” pursuant to a fresh Certificate of Incorporation dated November 17, 2025 issued by the Registrar of Companies, Central Processing Centre bearing Corporate Identity Number U74999MH2016PLC287390. For further details, please refer to chapter titled “Our History and Certain Corporate Matters” on page 176 of ठोिलया आहते . अटि this Red Herring Prospectus. Website: www.klassroom.in; E-Mail: companysecretary@klassroom.in; Telephone No: +91 8655678159; आवशयक सहाययक कागदपत्ांसह einward.ris@kfintech.com या पत्यावर जवनंती पाठवावी. शहराचा रकहवासी आह.े Corporate Identity Number: U74999MH2016PLC287390 https://evoting.kfintech.com; एनएसईचया www.nseindia.com; बीएसईचया www.bseindia.com पीकडत मकहलने े धाडसान े पढु े PROMOTERS: MRS. ALKA NIKHIL JAVERI, MR. DHRUV NIKHIL JAVERI AND MR. DHUMIL NIKHIL JAVERI (“OFFER PRICE”) (INCLUDING A SHARE PREMIUM OF ₹ [●] PER EQUITY SHARE) FOR CASH, AGGREGATING UP TO ₹ [●] LAKHS (“PUBLIC OFFER”) COMPRISING A FRESH ISSUE ३१ जुलै २०२६ आहे. संचालक मंडळाने जशफारस केलेला प्रजत समभाग ₹११/- चा अंजतम लाभांश, एजीएममधये मंजूर पोकलसानं ी अकतशय वगे ाने SHARES OF FACE VALUE OF ₹ 10 EACH COMPRISING OF UPTO 1,78,048 EQUITY SHARES BY ALKA NIKHIL JAVERI, UPTO 87,000 EQUITY SHARES BY DHRUV NIKHIL JAVERI, UPTO तारखेस जदसतात, तयांना अदा केला जाईल. 87,000 EQUITY SHARES BY DHUMIL NIKHIL JAVERI, UPTO 28,471 EQUITY SHARES BY DEEPTI CHOUDHARY, UPTO 16,040 EQUITY SHARES BY CHANDRA PRAKASH TOSHNIWAL, लाभांश एजीएमचया समारोपानंतरचया सहावया जदवसापासून व तयानंतर अदा केला जाईल. जया सदस्यांनी आपले बँक या सशं कयत आरोपीला S BH Y A AR BE HS IJ B ITY SR AA XH EU NL A M , UA PH TA OJ A 4N ,0, 1 U 0P ET QO U 5 IT,6 Y0 0 S E HQ AU RI ET SY BS YH A PR RE ES E TB IY B S AO HN LA , UL PA TG OA 4R ,W 01A 0L E, QU UPT ITO Y 4 S,5 H0 A0 R E EQ SU BIT YY N S AH NA HR IE SS IN B GY H L , A UK PS TH OM 2I ,N 0A 00R EAY QA UN ITA YN S K HA AR RT EH SIK B, YU P NT IRO M 4 A,0 L1 K0 UE MQ AU RIT Y M S EH HA AR RE IAS , त पाप ठश जवील णय ातजद ल येतेल ीले .नाहीत जकंवा अद्ययावत केलेले नाहीत, तयांना लाभांश वॉरंट/िनाक््व लवकरात लवकर ततिाळ ताबयात घते ल.े UPTO 1,604 EQUITY SHARES BY AAKASH CHOUDHARY, UPTO 1,002 EQUITY SHARES BY ABHIJEET KUMAR AND UPTO 1,002 EQUITY SHARES BY ASHISH SARSER (“ SELLING ई-ितदान SHAREHOLDERS”) (“OFFER FOR SALE”) AGGREGATING TO ₹ [●] LAKHS, OUT OF WHICH 1,23,200 EQUITY SHARES OF FACE VALUE OF ₹ 10 EACH, AT AN OFFER PRICE OF ₹ EQUITY SHARES OF FACE VALUE OF ₹ 10 EACH, AT AN OFFER PRICE OF ₹ [●] PER EQUITY SHARE FOR CASH, AGGREGATING UP TO ₹ [●] LAKHS IS HEREINAFTER REFERRED जलु पै यांत पोलीस िोठडी This corrigendum (“Corrigendum”) is with reference to the Red Herring Prospectus dated July 22, 2026 (“RHP”) filed by Fusion Klassroom Edutech Limited (“Company”) with the Registrar of एनएसडरीएि सरीडरीएसएि Companies, Mumbai. सनु ावली आह.े या प्रिरिाची The attention of Investors is being brought to the chapter “Issue Structure” starting from the page 276 of the Red Herring Prospectus. co.in जकंवा टोल-फ्ी क्रमांकावर संपक्क: १८०० १०२० helpdesk.evoting@cdslindia.com जकंवा The Maximum Bid Size by Non-Institutional Applicants shall be read as “Such number of Equity Shares in multiples of [●] Equity Shares not exceeding the size of the Net Offer (excluding the QIB सखोल आकि सकवसतर portion), subject to limits as applicable to the Bidder” instead of “Such number of Equity Shares in multiples of [●] Equity Shares not exceeding the size of the offer (excluding the QIB portion), subject ९९० जकंवा १८०० २२ ४४ ३० जकंवा ०२२-४८८६७००० १८००२२५५३३ वर संपक्क सािावा चौिशी पोलीस सधया िरत to limits as applicable to the Bidder”. This Corrigendum should be read in conjunction with the RHP dated July 22, 2026 and all other terms and conditions of the RHP remain unchanged. Matruprabha, Plot No-78, CTS No-2731, Daulat Nagar Road 7, असतील. अहवाल नोंदवणयात आला NARNOLIA FINANCIAL SERVICES LIMITED MAASHITLA SECURITIES PRIVATE LIMITED Investors can contact our Company Secretary and Compliance Officer, आयडी-कलायंट आयडी Address: 201, 2nd Floor, Marble Arch, 236 B A.J.C Bose Road, Address: 451, Krishna Apra Business Square, Netaji Subhash Place, the Lead Managers or the Registrar to the Issue, in case of any pre- २. ई-मेल आयडी जकंवा मोबाईल क्रमांक नोंदिीकृत असलयास, https://evoting.kfintech.com या Kolkata, West Bengal- 700020, India Pitampura, New Delhi-110034 issue or post-issue related problems, such as non-receipt of letters संकेतस्थिळाला भेट द्यावी, "Forgot Password" वर सकलक करावे आजि पासवड्ड तयार करणयासाठी आपला आलले या गभं ीर आरोपामं धय े Telephone: 033 - 40501500 Telephone: [Showing first 8,000 characters — download PDF for full document]