BSECompany Update2d ago · 27 Jul 2026, 03:25 pm

Nitin Castings Limited is submitting to BSE a Copy of Detailed Public Announcement for attention of Public Shareholders of Nitin Castings Limited.

Nitin Castings Ltd · 508875

✦ AI Summary▼ NegativeDivestiture

Nitin Castings Limited has submitted a Detailed Public Announcement for the voluntary delisting of its equity shares from the Bombay Stock Exchange (BSE) in accordance with the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021. The delisting offer is being made by the promoters of the company, Mr. Nirmal B. Kedia, Mr. Nitin S. Kedia, and M/s. Citrus Castings Private Limited, who have expressed their intention to acquire all the equity shares held by public shareholders. The announcement has been published in three newspapers: Financial Express, Jansatta, and Pratahkal, and will also be made available on the company's website.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern8/10
Regulatory Risk9/10
Balance Sheet Risk6/10
Liquidity Impact4/10
Market Sentiment2/10

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Full Announcement

Nitin Castings Ltd - 508875 - Announcement under Regulation 30 (LODR)-Public Announcement-Delisting

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Date: July 27, 2026 BSE Limited, P.J. Towers, Dalal Street, Mumbai – 400 001, Maharashtra, India Scrip Code: 508875 ISIN: INE861H01020 Sub: Disclosures under Regulation 30 pursuant to submission of Detail Public Announcement (“DPA”) in relation to proposal 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, The Company is in receipt of the Detailed Public Announcement dated July 24, 2026 (“DPA”) issued by M/s. Navigant Corporate Advisors Limited, Manager to the Delisting Offer for an behalf of 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”), published in the following newspapers on July 27, 2026, in accordance with Regulation 15 of the SEBI (Delisting of Equity Shares) Regulations, 2021 as amended. Newspaper Language Edition Financial Express English All Jansatta Hindi All Pratahkal Marathi Mumbai Accordingly in terms of Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the e-copy of the DPA published in Financial Express (English, all editions), Jansatta (Hindi, all editions) and Pratahkal (Marathi, Mumbai edition). The DPA will also be made available on the website of the Company at www.nitincastings.com. This is for your information and records. Thanking You, For Nitin Castings Limited Nitin Kedia Director DIN: 00050749 Encl: As above 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 Board of Directors, Nitin Castings Limited B-901, 81 Crest FB Nos. 81B and 81C, Linking Road, Santacruz (West), CST Nos. G-318 B and G- 317 near HDFC Bank, Santacruz (West), Mumbai, Maharashta-400054, India Sub: Submission of Detail Public Announcement (“DPA”) in relation to proposal 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. This is for your information and records. 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 [Showing first 8,000 characters — download PDF for full document]