NSEUpdates5d ago · 24 Aug 2026, 11:38 pm
Updates
Nitco Limited · NITCO
✦ AI Summary▲ PositiveDebt Restruc.
Nitco Limited has received the entire balance outstanding amount of Rs. 995.98 Lakhs from Saumya Buildcon Private Limited, settling a long-standing capital advance.
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Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment6/10
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Full Announcement
Nitco Limited has informed the Exchange regarding 'Intimation of receipt of capital advance from M/s. Soumya Buildcon Private Limited'.
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NITCO_24082026233804_Saumya_SEIntimation.pdf
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NITCO/SE/2026-27/34 August 24, 2026
Corporate Service Department The Listing Department
BSE Limited National Stock Exchange of India Limited
Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex, Bandra (E),
Dalal Street, Mumbai – 400 051
Mumbai – 400 001 Script code: NITCO
Script code: 532722
Dear Sir/Madam,
Sub: Intimation of receipt of capital advance from M/s Saumya Buildcon Private Limited
We wish to inform that Nitco Limited (“the Company”) had provided a capital advance to
Saumya Buildcon Private Limited (“SBPL”) more than a decade ago, in connection with the
procurement of land. However, the proposed land transaction did not materialise and,
consequently, the capital advance remained outstanding from SBPL.
As part of the Company’s ongoing efforts towards recovery and regularization of long-
outstanding advances, the Company has received the entire balance outstanding amount of
Rs. 995.98 Lakhs from SBPL. Accordingly, the aforesaid capital advance has been fully recovered
and settled as on date, and no amount remains outstanding from SBPL in respect of the said
capital advance.
Kindly take the above information on your records.
Thanking You,
Yours faithfully,
For Nitco Limited
Vivek Talwar
Chairman & Managing Director
DIN: 00043180
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