The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vivek Prannath Talwar

To, July 28, 2026 The Manager The Listing Department Listing Department National Stock Exchange of India Limited BSE Limited, Exchange Phiroze Jeejeebhoy Towers, Plaza, Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai – 400 051 Mumbai - 400 001 Script code: NITCO Fax: +91 22 2272 2082/3132 BSE Code: 532722 Sub: Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Dear Sir/Madam, We enclose herewith the disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 with respect to change in shareholding pursuant to Acquisition of Convertible warrants by the Promoters of the Company. You are requested to take note of the same. Yours Faithfully, For Nitco Limited Kamal Abrol Chief Financial Officer Encl: A/a 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 Vivek Talwar Address: The Cliff, 2nd Floor, Plot No.11, Carmichael Road, Mumbai MH- 400026 India Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Name of the Target Company (TC) Nitco Limited Name(s) of the acquirer and Persons Acquirer: Mr. Vivek Prannath Talwar; PAC: Refer Table Acting in Concert (PAC) with acquirer the 1 Whether the acquirer belongs to Yes, the Acquirer forms part of the Promoter/ Promoter Promoter I Promoter group Group/ PAC Name(s) of the Stock Exchange(s)where the BSE Limited (BSE) and National Stock Exchange of shares of TC are Listed India Limited (NSE) Details of the acquisition /dis;12osal as follows Number % w .r. t.total % w.r.t. total share/ voting diluted capital share/votin wherever g capital of applicable (*) the TC(**). Before the acquisition lsale under consideration, holding of (Please see Table a) Shares carrying voting rights 5,50,23,806 21.78% 21.78% b) Shares in the nature of encumbrance (pledge/ lien/ non- disposal undertaking/ others) c) Voting rights (VR) otherwise than by shares d) Warrants/ convertible securities/ any other instrument that entitles the acquirer tc receive shares carrying voting rights in thE TC (specify holding in each category) e) Total (a+b+c+d) 5,50,23,806 21.78% 21.78% Details of acquisition/ sale: 55,05,935 2.18% 2.18% a) Shares carrying voting rights acquired/ sold b) Voting rights (VR's) acquired/ sold otherwise than by shares c) Warrants/convertible securities/ any other instrument that entities the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/ sold Vivek Talwar Address: The Cliff, 2nd Floor, Plot No.11, Carmichael Road, Mumbai MH- 400026 India · d) Shares encumbered/ invoked/ released b) - - - the acquirer e) Total (a+b+c/-d) 55,05,935 2.18% 2.18% After the acquisition / sale, holding of (Please see Table 1): a) Shares carrying voting rights 6,05,29,741 23.96% 23.96% acquired b) Shares encumbered with the - - - acquirer - - - c) VRs otherwise than by shares d) Warrants / convertible securities /any other instrument that entitles the - - acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition e) Total (a+b+c+d) 6,05,29,741 23.96% 23.96% Mode of acquisition hale (e.g. open market Conversion of warrant into equity shares I off-market I public issue/ rights issue / preferential allotment / inter-se transfer etc). Date of acquisition hale of shares/ VR or date 24th July 2026 of receipt of intimation of allotment of shares, whichever is Applicable Equity shares / total voting capital of the TC INR 2,47,07,01,700 /- (2,47,07,0170 equity shares of before the said acquisition hale INR 10 each) Equity share capital/ total voting capital Rs. 2525761050.00/- (252576105.00 equity shares of of the TC after the said acquisition / sale INR 10 each) Total diluted share/voting capital of the - TC after the said acquisition hale (*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement. (**) Dilute share/vo~ng capital means the total number of shares in the TC assuming full conversi of the outs\ ndin convertible securities/warrants into equity shares of the TC. ath i alwar Promoter Vivek Talwar Address: The CZiff, 2nd Floor, Plot No.11, Carmichael Road, Mumbai MH- 400026 Inqia . TABLEl Shareholding of acquirer(s), PA Cs and seller individually in TC (in terms of no. & as a percentage of the total share/voting capital of the TC) before and after the acquisition: Shares held before the Shares held after the - Acquisition /sale Acquisition /sale . %w.r.t Sr. %w.r.t total share No Name of the Shareholders No. of total share No. of capital equity equity capital / voting shares shares / voting rights of rights of TC Acquirer(s) and PACs (other than Seller(s)) Acquirer 1 IVivek Prannath Talwar 12,77,27,734 11.22% 3,32,33,669 13.16% Sub-total 2,77,27,734 11.22% 3,32,33,669 13.16% . PACs [other than seller] 1 Rajeshwari Prannath Talwar 0 0 0 0 2 Anjali Vivek Talwar 5,43,146 0.22 5,43,146 0.22 3 Poonam Talwar 1,19,432 0.05 1,19,432 0.05 4 Lovraj Talwar 87,301 0.04 87,301 0.03 5 Sanjnaa Talwar 85,517 0.03 85,517 0.03 6 Vivek Talwar (HUF) 27,264 0.01 27,264 0.01 7 AN Talwar (HUF) 2,001 0.00 2,001 0.00 8 Watco Engineering Co. Pvt. Ltd 0 0.00 0 0.00 9 Nitco Paints Pvt. Ltd. 784 0.00 784 0.00 10 Rang Mandir Builders Pvt. Ltd. 0 0.00 0 0.00 11 Ushakiran Builders Pvt. Ltd. 2,09,417 0.08 12,09,417 0.08 - 12 Lavender Properties Pvt. Ltd. 12,08,072 0.08 2,08,072 0.08 13 Prakalp Properties Pvt. Ltd. 1,75,785 0.07 1,75,785 0.07 14 Eden Garden Builders Pvt. Ltd. 0 0.00 · 0 0.00 15 Nitco Tiles And Marble Industries 85,517 0.03 85,517 0.03 Andhra Pvt. Ltd. 16 Enjoy Builders Pvt. Ltd. 172,646 0.03 72,646 0.03 17 Northern India Tiles Corporation 2,240 0.00 2,240 0.00 18 Northern India Tiles(Sales)Corporation 1 0.00 1 0.00 19 Melisma Finance And Trading Pvt Ltd 12,56,76,949 10.39 2,56,76,949 10.17 Sub-total 127296072 111.05 27296072 10.79 rrotal 55023806.00 122.27 60529741.00 23.96