Navigant Corporate Advisors Ltd ("Manager to the Delisting Offer") has submitted to BSE a copy of Post Offer Public Announcement to the Public Shareholders of Nitin Castings Ltd ("Target Company").

Navigant NAVIGANT CORPORATE ADVISORS LIMITED Regd. Office: 804, Meadows, Sahar Plaza Complex, JB 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: August 13, 2026 BSE Limited, P.J. Towers, Dalal Street, Mumbai — 400 001, Maharashtra, India Scrip Code: 508875 ISIN: INE861H01020 Sub: Submission of Post Offer Public Announcement (‘Post Offer PA’) of Nitin Castings Limited (‘Company’) in accordance with the provisions of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021 (‘SEBI Delisting Regulations’). Dear Sir / Madam, With reference to the Delisting Offer of the Company which opened on Wednesday, August 05, 2026 and closed on Tuesday, August 11, 2026 and the outcome ofthe reverse book building process which was announced in terms of Regulation 17(3) of the SEBI Delisting Regulations on August 11, 2026, the Acquirers through Manager to Delisting Offer has issued a Post Offer PA dated August 12, 2026 for the failure of the Delisting Offer, which is published today i.e. August 13, 2026,in accordance with Regulation 17(4)of the SEBI Delisting Regulations, in the following newspapers: | Newspaper | Langua ge | Edition | | Financial Express | Engli sh | All | Jansatta | Hindi l All | Pratahkal | Marath i | Mumbai | Please find enclosed a copy of the Post Offer PA for your reference and records. Request you to disseminate the said information on your website. Capitalised terms used in this letter shall havethe meaning provided in the Detailed Public Announcement dated July 24, 2026 published on July 27, 2026 and Letter of Offer dated July 24, 2026. Thanking You, For Navigant Corporate Advisors Limited Sarthak Vijlani Managing Director DIN: 035174824 Encl: As above POST OFFER PUBLIC ANNOUNCEMENT TO THE PUBLIC SHAREHOLDERS OF NITIN CASTINGS LIMITED CIN: L65990MH1982PLC028822 REGISTERED OFFICE: 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, Maharashtra – 400054, India CORPORATE OFFICE: Prestige Precinct, 3rd Floor, Almieda Road, Panchpakhadi, Thane (West), Thane, Maharashtra, 400601- India Tel. No.: 022-45791276; Email Id: finance@nitincastings.com; Website: www.nitincastings.com This Post Offer Public Announcement for failure of Delisting (“Post Offer PA”) is being issued by Navigant Corporate Advisors Limited (“Manager to the Delisting Offer”) for and on 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 collectively referred to as the “Acquirers”), to the Public Shareholders of Nitin Castings Limited (“NCL” / “Target Company” or the “Company”) in respect of the voluntary delisting of the equity shares of the Company from the BSE Limited (“BSE” / the “Stock Exchange”), i.e., the only Stock Exchange where the equity shares of the Company are presently listed, pursuant to Regulation 17(4) and other applicable provisions of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021 as amended (“Delisting Regulations”). This Post Offer PA should be read in conjunction with the Initial Public Announcement (“IPA”) dated January 30, 2026, Detailed Public Announcement (“DPA”) dated July 24, 2026, published on July 27, 2026 in the Financial Express (English Daily) all editions, Jansatta (Hindi Daily) all editions and Prathakal (Marathi Daily) Mumbai edition (“Newspapers”), Letter of Offer (“LOF”) dated July 24, 2026 including Bid Form, Bid Revision Form and SH 4 Form, dispatched to the Public Shareholders was completed on Wednesday, July 29, 2026 and Recommendation of Committee of Independent Directors dated August 01, 2026, published on Monday, August 03, 2026 in the aforementioned Newspapers. The capitalized terms used but not defined in this Post Offer PA shall have the same meaning assigned to them in the IPA, DPA and LOF. The Acquirers have issued the IPA, DPA and LOF seeking to acquire, in accordance with the Delisting Regulations and the terms and conditions set out therein in the DPA and LOF upto 14,70,894 issued, subscribed and paid-up equity shares of face value of Rs. 5/- each representing 28.61% of the issued, subscribed and paid-up equity share capital of the Company that are presently held by Public Shareholders (“Offer Shares”). The Public Shareholders holding equity shares were invited to submit bids pursuant to the Reverse Book Building Process conducted through the Stock Exchange Mechanism made available by BSE Limited during the bid period from Wednesday, August 05, 2026 to Tuesday, August 11, 2026 (“Reverse Book Building Process” / “RBB”), in accordance with the Delisting Regulations. 1. FAILURE OF THE DELISTING OFFER 1.1 The total number of Offer Shares validly tendered by the Public Shareholders in the Delisting Offer is 9,08,978 (Nine Lakh Eight Thousand Nine Hundred and Seventy-Eight) Equity Shares with 181 (One Hundred and Eighty-One) bids received between the price range of Rs. 273.36 (Rupees Two Hundred Seventy-Three and Thirty-Six Paise only) per Equity Share to Rs.1,299.00 (One Thousand Two Hundred and Ninety Nine Only), consisting of 9,08,978 (Nine Lakh Eight Thousand Nine Hundred and Seventy- Eight) Equity Shares with 181 (One Hundred and Eighty-One) bids in demat form and nil Equity Shares with nil bids in physical form. 1.2 The Discovered Price of Rs. 300/- (Rupees Three Hundred only) per Equity Share, determined in terms of Regulation 20(1) read with Schedule II of the SEBI Delisting Regulations, is based on 7,53,984 (Seven Lakh Fifty-Three Thousand Nine Hundred and Eighty-Four) Equity Shares with 9 (Nine) successful bids received between the price range of Rs. 273.36 (Rupees Two Hundred Seventy-Three and Thirty-Six Paise only) per Equity Share to Rs. 300/- (Rupees Three Hundred only) per Equity Share (both inclusive). The Floor Price was determined at Rs. 273.36 per Equity Share in terms of Regulation 19A of the SEBI Delisting Regulations and no indicative price was offered by the Acquirers. As the Discovered Price is higher than the Floor Price, the Acquirers were not bound to accept the same in terms of Regulation 22 of the SEBI Delisting Regulations. The Acquirers, vide their communication dated August 12, 2026, have confirmed that the Discovered Price is not acceptable to them. Thus, the Delisting Offer is deemed to have failed in terms of Regulation 23(1)(b) of the SEBI Delisting Regulations. 1.3 Accordingly, the Acquirers will not acquire any Equity Shares tendered by the Public Shareholders in the Delisting Offer and the Equity Shares of the Company will continue to remain listed on BSE. Further, no final application will be made to BSE for delisting of the Equity Shares in terms of the provisions of the SEBI Delisting Regulations. 1.4 Pursuant to Regulation 23(2)(a)(ii) of the SEBI Delisting Regulations, the lien marked on the Equity Shares offered or tendered in terms of Schedule II of the SEBI Delisting Regulations will be released by the Clearing Corporation on the date of making this Post Offer PA for the failure of the Delisting Offer, i.e., August 13, 2026. 1.5 In terms of Regulation 23(2)(c) of the SEBI Delisting Regulations, the Acquirers shall not make another delisting offer in respect of the Equity Shares of the Company until the expiry of 6 (six) months from the date of this Post Offer PA. 1.6 MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited), Registrar to the Delisting Offer vide letter Wednesday, July 29, 2026, have confirmed the dispatch of the Letter of Offer including Bid Form, Bid Revision Form and SH 4 Form to all the Public Shareholders as on the Specified Date i.e., Monday, August 27, 2026 by Speed Post. 1.7 The Manag [Showing first 8,000 characters — download PDF for full document]