Navigant Corporate Advisors Ltd ("Manager to the Delisting Offer") has informed BSE regarding "Outcome of Reverse Book Building Process under Regulation 17(3) of the SEBI (Delisting of ....

A A 4 Navigant 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: 11.08.2026 BSE Limited, P.J.Towers, Dalal Street, Mumbai — 400 001. Scrip Code: 508875 ISIN: INE861H01020 Sub: Outcome of Reverse Book Building Process under Regulation 17(3) of the SEBI (Delisting of Equi Shares) Regulations, 2021. Ref: Voluntary Delisting of Equity Shares of face value of Rs. 5/- each (“Equity Shares”) of Nitin Castings Limited (“NCL” or “Target Company” or the “Company”) from BSE Limited in accordance with the provisions of the Securities and Exchange Board ofI ndia (Delisting of Equity Shares) Regulation, 2021, as amended from time to time (“SEBI Delisting Regulation™) (“Delisting Offer”). The Delisting Offer opened on Wednesday, August 05, 2026, and closed today i.e., Tuesday, August 11, 2026, at the end of market hours on BSE Limited (“BSE”). MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited) (“Registrar to the Delisting Offer”) and Navigant Corporate Advisors Limited (“Manager to the Delisting Offer”) have analysed the bids data received from BSE and in consultation with the Acquirers and Registrar to the Delisting Offer, the outcome of the Reverse Book Building Process (“RBBP”) is hereby disclosed and announced in terms of Regulation 17 (3) of the SEBI Delisting Regulations. Scrip Name Nitin Castings Limited Symbol Scrip Code: 508875 / NITINCAST Issue Period ‘Wednesday, August 05, 2026 to Tuesday, August 11, 2026 Floor Price (Rs.) Rs. 273.36/- Per Equity Share Indicative Price (Rs.) - Delisting Offer size 14,70,894 Equity Shares Discovered Price (Rs.) Rs. 300.00/- Per Equity Share Number of equity shares and | Total 7,53,984 Equity Shares with 9 successful bids received between bids price range from Rs. 273.36/- Per Equity Share to Rs. 300.00/- Per Equity Share. Number of equity shares and | No. of Equity Shares: 1,54,994 bids above the discovered price | No. of Bids:172 ‘Whether delisting offer is | Total issued equity shares 51,41,330 shares succesisn fteurmls of Regulation | Shares held by custodian(s) against | Nil 21 of SEBI (Delisting of equity | which depository receipts have been shares) Regulations 2021 issued overseas Shares transferred to the Investor | 76,150 shares Education and Protection Fund’s account in terms of Regulation 21(a) of SEBI Delisting Regulations Shares held by trust set up for | Nil implementing an Employee Benefit scheme under the Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014 or Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 Shares held by inactive shareholders | 1,88,584 shares such as vanishing companies and struck off companies in terms of Regulation 21(a) of SEBI Delisting Regulations Shares held in terms of sub-regulation | Nil (4) of regulation 39 read with Schedule VI of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015. Remaining shares 48,76,596 shares Minimum number of shareholding to | 43,88,937 shares beachievedi.e., 90% oft he Remaining shares as per Regulation 21 of SEBI Delisting Regulations. Particulars No. of Equity | % of total issued | % of Shares equity shares remaining shares Pre- Delisting | 36,70,436 71.39% 75.27% Offer ~ Promoter and Members of Promoter Group Shareholding No. of Equity | 7,53,984 14.67% 15.46% Shares successfully Bid at or below Discovered Price Post Delisting | 44,24,420 86.06% 90.73% Offer ~ Promoter and Members of Promoter Group Shareholding (Also refer to the outcome below) No equity shares held in physical form have been tendered in the delisting offer. As the post Delisting Offer shareholding of the Acquirers, along with the other promoter and promoter group, has exceeded 90% (90.73%) of total number of issued Equity Shares (excluding Shares as provided under Regulation 21(a) SEBI Delisting Regulations), the Delisting Offer is successful in terms of Regulation 21 of the SEBI Delisting Regulations, if Discovered Price/Exit Price of Rs. 300.00/- per Equity Share is accepted by the Acquirers. Discovered Price/Exit Price if accepted by the Acquirers, the payment will be made to all the successful bidders in accordance with Regulation 24 and other provisions of the SEBI Delisting Regulations, SEBI Circulars and the settlement calendar of Indian Clearing Corporation Limited. Lien on unaccepted / rejected shares will be released on the Equity Shares in their respective Demat accounts of the Public Shareholders in accordance with Regulation 23 of the SEBI Delisting Regulations. In terms of Regulation 17(4) and Regulation 22(4A) of the SEBI Delisting Regulations, a post offer public announcement disclosing the success or failure of the reverse book building process and / or counter offer and acceptance or rejection oft he Discovered Price will be made in the same newspapers in which the Detailed Public Announcement was made. Capitalised terms used in this letter shall have the meaning provided in the Detailed Public Announcement dated July 24, 2026 published on July 27, 2026 and Letter of Offer dated July 24, 2026. For Navigant Corporate Advisors Limited Sarthak Vijlani Managing Director