NSEUpdates3d ago · 27 Aug 2026, 01:31 pm

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Nila Infrastructures Limited · NILAINFRA

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Nila Infrastructures Limited has received an intimation from Gujarat Housing Board for the cancellation of a construction project of redevelopment of 'Nirmal Apartment'. The project was awarded to the Company vide Letter of Award dated 27.10.2023 for construction of 300 HIG residential units and 18 commercial shops through redevelopment. The Gujarat Housing Board has decided not to proceed with the project and has intimated the Company about return back of bank EMD furnished by the Company to GHB in this regard.

Analysis Scores

Earnings Impact6/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment4/10

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Nila Infrastructures Limited has informed the Exchange regarding 'Intimation of Cancelation of Work Order'.

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NILAINFRA_27082026133018_530377Reg30OrderCancellation27082026.pdf

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NItA Nila/Cs/2026/60 INFRASTRUCTURES Date:27 August 2026 TIMITED To, To, The Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Limited Phirozee Jeejeebhoy Towers Exchange Plaza, C-1, Block G, DalalStreeq Bandra-Kurla Complex, Bandra [E), Mumbai - 400 001 Mumbai - 400 051 Scrip Codel.530377 Scrip Symbol: NILAINFRA Dear Sir, Sub: Intimation of Cancelation of Work received from Gujarat Housing Board for a Redevelopment Project of Nirmal Apartment. Ref: Submission of Information under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 This is to inform that the Company has today received an intimation from Gujarat Housing Board for Cancellation of a construction project of redevelopment of "Nirmal Apartment". The project was originally awarded to the Company vide Letter of Award dated 27.10.2023 for construction of 300 HIG residential units and 18 commercial shops through redevelopment. Gujarat Housing Board has decided not to proceed with the project and intimated the Company on27 August 2026 about return back of bank EMD furnished by the Company to GHB in this regard. With reference to the above, requisite disclosure in terms of above referred SEBI Regulations is given in the annexure. The intimation of cancellation is received today on 27 August2026 at 11:38 a.m. Thanking you, Yours sincerely For Nila Infrastructures Limited Dipen Parikh Company Secretary Reglsleled Oftice: Encl: a/a l st tloor, Sombhoov House Opp. Chiel Justice's Bungolow Bodokdev Ahmedobod 3800 I 5 Tel,: +91 79 4003 681 7 I 18,2687 0258 Fox: +9 1 79 301 2 637 l e-moil: into@niloinf to,com www.niloinf ro.com CIN : 145201 GJl 990PLCol 34l 7 NItA INFRASTRUCTURES TIMITED Annexure Particulars Details Name of the Party to the Work Gujarat Housing Board ["GHB") 0rder. Nature of Work Order The project awarded to the Company was for the redevelopment worh of Integrated Group Houslng Facility by constructing 300 High ncome Group (H G) h using units + 1. Shops for total developmen t cost of almost INR L42.73 Crore on PPP basis hereby th Company was entitled to the amount of realization 0f additionally constructed 580 housing units and commercial shops as consideration. Date of Execution of Work Order The workwas awarded by GHB to the Company vide LOA dated 27.L0.2023 and the intimation of cancellation thereof is received today onZT.0g.2026. Details of Amendment / Consequent upon cancellation of work order by GHB; the and its Cancellation Effect order book position of the Company is reduced to the thereon extent of cost of development i.e. INR 142.73 Crores. The EMD Money deposited by the Company shall be returned by the GHB to the Company consequent upon the cancelation. Reglslered Olllce: l sl floor, Sombhoov House Opp, Chief Justice's Bungolow Bodokdev Ahmedobod 3800 1 5 Tel.: +91 79 4003 68tl I 18,2687 0258 Fox: +91 79 301 2 6371 e-moil: info@niloinf ro,com www,niloinf ro.com CIN : 145201 GJI 990PLC0l 341 7