Dividend

Ref. No. NBCC/NSEBSE/2026-27 November 05, 2026 National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza, Phiroze Jeejeebhoy Tower, Plot No C/1, G Block, Dalal Street, Bandra –Kurla Complex, Mumbai-400001 Bandra (E), Mumbai-400051 Subject: - Outcome of the Board Meeting dated November 05, 2026- Unaudited Financial Results (Standalone and Consolidated) for the quarter and half-yearly ended September 30, 2026, and declaration of Dividend Sir, This is to inform that, the Board of Directors of the Company at its meeting held today, i.e., November 05, 2026, inter alia considered the following: 1. Approved Unaudited Financial Results (Standalone and Consolidated) of the Company, for the quarter and half-year ended September 30, 2026. A copy of the unaudited Financial Results (Standalone and Consolidated) along with the limited review reports is enclosed at Annexure-1. Other Information for Quarterly Integrated Filing (Financial) is attached at Annexure-2. 2. Declared 2nd interim dividend for the financial year 2026-27 of Rs. 0.25 /- (i.e. 25%) per paid-up equity share of Rs. 1/- each. The Company has fixed November 11, 2026 (Wednesday) as the record date for ascertaining the eligibility of shareholders for payment of the interim dividend. The interim dividend would be paid within the period as stipulated under the Companies Act, 2013 The meeting commenced at 12:00 noon and concluded at 2:35 p.m. The aforesaid information is also available on the website of the Company at https://www.nbccindia.in/webEnglish/announcementNotices This is for your information and record. Thanking You, For NBCC (India) Limited ENCL: As Above Deepti Gambhir Company Secretary F-4984 Mob : +91-93542-57245 DK CHHAJER & CO. Web : www.dkcindia.com Email : nksarraf@dkcindia.com -----CHARTERED ACCOUNTANTS--~=~ IND I A Email : delhi@dkcindia.com Independent Auditor's Review Report on Unaudited Standalone Financial Results of NBCC (India) Limited for the Quarter and Half Year Ended September 30, 2026 pursuant to the Regulations 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation 2015, as amended Review Report To the Board of Directors NBCC (India) Limited 1. We ha,·e reviewed the accompanying statement of Unaudited Standalone Financial Results ("the Statement") ofNBCC (India) Limited ("the Company") for the Quarter and Half Year ended September 30, 2026, bcing subrnittcd by the Company pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requiremr:::nts) Regulations, 2015, as amended ("the Listing Regulations"). 2. The Statement, which is the responsibility of the Company's :tvlanagement and approYed by the Company's Board of Directors, has been prepared in accordance with the recogn.irion and measurement principles laid down in the Indian Accounting Standard 34, Interim Financial Reporting ("lnd AS 34") prescribed under section 133 of rhc Companies Act, 2013 ("the ,-\ct") as amended, read with relevant rules issued thereunder and other accounting principles generally acccptt:d in India and in compliance with Regulations 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our re,Tiew. 3. \Y/e conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim hnancial Information Performed by the Independent Au<litor of the Entity" issued by the lnstirute of Chartered Accountants of lnd.ia ("ICAI"). This standard requires that we plan and perform the re,yiew to obtain moderate assurance as to whether the Starernent is free from material missraternent. A review of interim financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting mattcrs and applying analytical and other review procedures. A review is substantially less in scope than an .audit conducted in accordance \Vith Standards on Au<liting specified under section 143(10) of the Act and consequently docs not enable us to obtain assurance that we \vould become a,varc of all significant matters that might be identified in an audit. ,-\ccordingly, we <lo not express an audit opinion. 4. Based on our re,·iew conducted a.s above, nothing has come to our attenrion that causes us to belie,e that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian "·\ccounting Standards ("Ind r\S") specified under section 133 of the Act as amended, read with rde,·ant rules issued thereunder and other accoun6ng principks generally accepted in India, has not disclost:d the information required __,._.,,..~disclosed in terms of Regulations 33 of the Listing Regulations, including the manner in 'wl~l-nt·)f·s to be disclosed, or that it contau1s any material misstatement. KOLKATA • DELHI • BANGALORE • MUMBAI• HYDERABAD • CHENNAI • BHUBANESWAR • PATNA • TINSUKIA 6) # 1S T FLOOR, UNIT NO-1 F, 111 PLOT NO-2, SSG MAJESTY MALL, LSC STREET ROAD NO-43 - LHI NEW DELHl-110034 5. Emphasis of Matters We invite attention to the following matters in the notes to the Cnaudite<l Standalone financial Results: (i) Note No. 6 regarding the purchase of a Croup Housing plot in Naya Raipur from Naya Raipur Development Authority (NRD[\) on lease in the year 2014. The cartying value of the land as on September 30, 2026 is Rs. 2,099.37 Lakh. The lease deed/c onveyance deed vet to be executed bem,een the owners association/housing society (yet to be formed) and NRDA as pet the terms of the development agreement. The construction 011 the said land is yet to start. (ii) Note No 7 regarding the noo-c:<ecution of the com·eyance deed in fa,-our of the Company and other marters incidental thereto, in respect of the land at Faridabad (J--Iaryana), forming part of the land bank (inventory) involving, in aggrq.,i-arc, a sum of Rs. 13,230.54 Lakhs for the reasons stated therein. (iii) Note No. 8 regarding payment by the Company to Land & Development Office, Ministry of Housing and Urban Affairs as additional premium for a,:ailing additional ground coverage ar Company's built up and sold project "NBCC Plaza" and incurring of other construction cost and cons<x1ucn-cial expenses thereon for project \Vhich is stuck up on account of similar demand of Rs. 3,224.45 Lakh, raised by Municipal Corporation of Delhi (Erstwhile South Delhi Municipal Corporation) in respect of additional ground co,,erage, in the year 2015. (iv) Notes No. 9 & 12 regarding the constiuction of a Group Housing Real Estate project at Kochi, Kerala, having carrying ,·alue of iw:entory amounting to Rs. 8,700.91 lakh as at September 30, 2026, remaining unsold for want of Ern·ironrnental Clearance (EC) and rec.1uisite statutory approval. The State Expert Appraisal Committee (SEAC) recommended the grant of EC which was put on hold. There after \-idc order dated l\fay 16, :?.025 the Hon'bk Supreme Court held that the 2017 Notification, OM of 2021 and all related circulars, Orders and Notifications issued in funherance !:hereof as illegal and struck them down and accor<lingly the Company had ,vritten down the inventory by Rs. 8,015.53 lakh as exceptiomil loss during the year ended March 31, 2025. On review petition filed by the aggric,'Cd parties, the Hon'ble Supreme Court vide its order date<l November 18, 2025, rccalkd the aboYe judgement and the original writ petitions and civil ,1ppeals had been restored to file. J\cconlingly, exceprional loss of Rs. 8,015.53 lakh has been re,erscd dui-ing the year ended J\farch 31, 2026. The Hon'ble Supreme Court, vide its judgemem dared July 29, 2026, issued directions with rc;;pect to Environmental clearances (ECs) already granred or pending considerations under tht: 2017 Notifications/2021 Office Memorandum (Ot-,,1). The Company is in the process of approaching SEAC for grant of EC in accordance ,vi.th the directions contained in the Hon'ble Su [Showing first 8,000 characters — download PDF for full document]