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