NSEUpdates3d ago · 27 Aug 2026, 01:31 pm
Updates
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.
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Full Announcement
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