Nitco Limited

Nitco Limited

Nitco Limited has informed the Exchange about an update on a transaction with M/s. R Siddhatva Developers Private Limited, a step-down subsidiary of M/s. Runwal Construction Private Limited. The company has completed the registration of the conveyance deed in respect of 75% of the land situated at Kanjurmarg, Mumbai, and received consideration of INR 143 crores. The agreement for sale of the remaining 25% of the land has also been registered, and the conveyance deed will be executed upon receipt of 1,00,000 square feet of commercial RERA carpet area along with 8,500 square feet additional space in the basement. The company expects to realise revenue of approximately INR 250 crores from the sale of the commercial space.

Nitco Limited

Nitco Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018, confirming the dematerialisation of securities and listing on stock exchanges.

Nitco Limited

Nitco Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015.

Nitco Limited

Nitco Limited has submitted the Exchange a copy Scrutinizers report of Annual General Meeting held on September 17, 2026, and informed the Exchange regarding voting results.

Nitco Limited

Nitco Limited held its 60th Annual General Meeting (AGM) on September 17, 2026, through video conferencing, where 64 shareholders attended. The meeting was conducted in compliance with the Companies Act, 2013, and SEBI regulations. The Chairman, Vivek Talwar, confirmed the quorum and announced the commencement of the meeting. The Company provided an e-voting facility for all members holding shares as on the cut-off date, and the Scrutinizer, B. Durgaprasad Rai, was appointed to scrutinize the e-voting process.

Nitco Limited

Nitco Limited has informed the Exchange regarding the appointment of Mr. Arihant Kothari as Company Secretary & Compliance Officer, effective September 15, 2026.

Nitco Limited

Nitco Limited has informed the Exchange regarding Outcome of Board Meeting held on September 15, 2026, where the Board of Directors appointed Mr. Arihant Kothari as the Company Secretary and Compliance Officer of the Company and designated him as Key Managerial Personnel and Senior Management Personnel of the Company.

Nitco Limited

Nitco Limited has informed the Exchange about Credit Rating assigned by Infomerics Valuation and Rating Limited. The rating for Non-Convertible Debentures and Redeemable Non-Convertible Preference shares has been reaffirmed at BB+/Stable.

Nitco Limited

Nitco Limited has formed a joint venture with The House of Abhinandan Lodha for a Rs 4,500-crore Alibaug project, which will generate approximately ₹4,500 crore in revenue over five years.

Nitco Limited

Nitco Limited has informed the Exchange about Newspaper advertisement regarding notice of 60th Annual General Meeting and e-Voting information.

Nitco Limited

Nitco Limited has informed the Exchange regarding a press release dated August 25, 2026, made by The House of Abhinandan Lodha Estate Holdings Pvt Ltd. regarding a joint venture for a premium mixed-use development at Alibaug.

Nitco Limited

Nitco Limited has informed the Exchange about the execution of a Memorandum of Understanding (MOU) with M/s HOABL Impactum Land Private Limited for the joint development of lands situated at Alibaug. The transaction is expected to generate consideration of approximately Rs.1,300 Crore -1,500 Crore over a period of five years.

Nitco Limited

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.

Nitco Limited

Nitco Limited has informed the Exchange that the Hon'ble Delhi High Court has dismissed a writ petition challenging a final settlement order dated November 14, 2019, directing payment of interest on a time-barred duty amount of Rs. 15,16,65,821/-, and the company plans to challenge the order before the Hon'ble Supreme Court.

Nitco Limited

Nitco Limited has informed the Exchange about dispatch of a letter to shareholders whose email addresses are not registered with the company, providing a web-link to access the Notice of 60th Annual General Meeting and Annual Report for FY 2025-26.

Nitco Limited

Nitco Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 17, 2026.

Nitco Limited

Nitco Limited has received a monitoring agency report for the quarter ended June 30, 2026, indicating a neutral sentiment.

Nitco Limited

Nitco Limited has published unaudited standalone and consolidated financial results for the quarter and three months ended June 30, 2026, which have been reviewed by the Audit Committee and approved by the Board of Directors.

Nitco Limited

Nitco Limited has informed the Exchange about the outcome of its Board Meeting, where the Board considered and approved the unaudited financial results for Q1, re-appointed the Cost Auditor, and approved a Buyer Finance Agreement with Desiderata Impact Ventures Private Limited.

Nitco Limited

Nitco Limited has appointed Mr. R. K. Bhandari as the Cost Auditor for the financial year 2026-27 and entered into a Buyer Finance Agreement with Desiderata Impact Ventures Private Limited for approximately INR 200 Crores.