Appointment

NITCO TILES MARBLE MOSAICO NITCO/SE/2026-27/28 August 12, 2026 Corporate Service Department The Listing Department BSE Limited National Stock Exchange of India Limited Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai – 400 001 Mumbai – 400 051 Script code: 532722 Script code: NITCO Subject: Outcome of the Board Meeting of NITCO Limited (“the Company”) held on Wednesday, August 12, 2026 Dear Sir/Madam, Pursuant to Regulations 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the Listing Regulations”), we hereby inform that the Board of Directors of the Company, at their meeting held today, i.e. Wednesday, August 12, 2026 has inter-alia transacted the following businesses: 1. Considered and approved the Unaudited (Standalone and Consolidated) Financial Results for the three month ended June 30, 2026 (Q1). A copy of Unaudited (Standalone and Consolidated) Financial Results, notes thereto along with the Limited Review Report thereon issued by M/s. M M Nissim & Co LLP, Chartered Accountants, the Statutory Auditors of the Company for the three months ended June 30, 2026 (Q1), are attached herewith. The aforesaid results were reviewed by the Audit Committee and subsequently, approved and taken on record by the Board of Directors of the Company at their respective meetings. 2. Based on the recommendation of Audit Committee, considered and approved re- appointment of Mr. R. K. Bhandari, proprietor of M/s. R. K. Bhandari and Co., (FRN: 101435) - Cost Accountants as the Cost Auditor of the Company for conducting the Cost Audit for Financial Year 2026-27. 3. Based on the recommendation of Audit Committee, considered and approved Buyer Finance Agreement with Desiderata Impact Ventures Private Limited (hereinafter referred to as (“Progcap”). 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 NITCO TILES MARBLE MOSAICO Disclosure of information pursuant to Regulation 30 of the Listing Regulations read with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure –A & B. The Meeting of Board of Directors of the Company commenced at 12:30 P.M. and concluded at 3:40 P.M. Kindly take the above information on your records. Thanking You, Yours Sincerely, For NITCO Limited Vivek Talwar Chairman & Managing Director DIN: 00043180 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 NITCO TILES MARBLE MOSAICO Annexure A Disclosure of information pursuant to Regulation 30 of Listing Regulations read with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Sr. no. Particulars Disclosures 1 Reason for change viz., appointment, A p pointment re-appointment, resignation, removal, death or otherwise; 2 Date of appointment/cessation (as August 12, 2026 applicable) & terms of appointment Appointed as the Cost Auditor of the Company for conducting Cost Audit for the Financial Year 2026- 3 Brief profile (in case of Mr. R. K. Bhandari, proprietor of appointment) M/s. R. K. Bhandari and Co. Cost Accountants is based in Jaipur. The firm/Company was established in the year 2012 and has more than 14 years of experience. It provides various services which includes local body tax registration consultants, sales tax return filing, and accounting services etc. 4 Disclosure of relationships between Not Applicable directors (in case of appointment of a Director). 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 NITCO TILES MARBLE MOSAICO Annexure B Disclosure of information pursuant to Regulation 30 of Listing Regulations read with SEBI Circular No. S5EBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Sr. no. Particulars Details 01 Name of the party with whom the Desiderata Impact Ventures agreement is entered Private Limited (“Progcap”) 02 Purpose of entering into the agreement Debtor’s bills discounting 03 size of agreement Approximately INR 200 Crores for Financial Year 2026-27 04 shareholding, if any, in the entity with No whom the agreement is executed 05 significant terms of the agreement (in brief) The Agreement does not contain special rights like right to appoint directors, any such special rights first right to share subscription in case of issuance of shares, right to restrict any change in capital structure etc. 06 Whether, the said parties are related to Desiderata Impact Ventures promoter/promoter group/ group Private Limited (“Progcap”) does companies in any manner. If yes, nature of not belong to the relationship; promoter/promoter group/group companies. 07 Whether the transaction would fall within The said transaction does not fall related party transactions? If yes, whether within the purview of related party the same is done at “arm’s length”; transaction. 08 In case of issuance of shares to the parties, Not Applicable details of issue price, class of shares issued; 09 in case of loan agreements, details of Not Applicable lender/borrower, nature of the loan, total amount of loan granted/taken, total amount outstanding, date of execution of the loan agreement/sanction letter, details of the security provided to the lenders / by the borrowers for such loan or in case outstanding loans lent to a party or borrowed from a party become material on a cumulative basis; 10 Any other disclosures related to such Not Applicable agreements, viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc.; 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 NITCO TILES MARBLE MOSAICO 11 In case of termination or amendment of agreement, listed entity shall disclose additional details to the stock exchange(s): Not Applicable a) name of parties to the agreement; b) nature of the agreement; c) date of execution of the agreement; d) details of amendment and impact thereof or reasons of termination and impact thereof. 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 M M NISSIM & LLP Regd. Office : Barodawala Mansion, IND~ CHARTERED ACCOUNTANTS B-Wing, 3rd Floor, 81, Dr. Annie Besant Road, Worli, Mumbai -400 018. Tel. +91 22 6987 9900 3511 3710/23/25/28 LLPIN AAT -7548 Website www.mmnissim.com Independent Auditors' Limited Review Report on the Unaudited Standalone Financial Results of the Company for the Quarter ended on 30th June, 2026 pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. Review Report to The Board of Directors of Nitco Limited Opinion 1. We have reviewed the accompanying unaudited Standalone financial results ("the Statement") of Nitco Limited ("the Company") for the quarter ended 30th June, 2026 ("the Statement"), attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended. 2. [Showing first 8,000 characters — download PDF for full document]