NCC Limited — Capital/Financing Update 2020

Jan 27, 2020

Ref. No.: NCCL/Regulation 3O/2O2O Date :27-OL-2O2O

The Secretary National Stock Exchange of lndia Ltd 5th Floor, Exchange Plaza Bandra - Kurla Complex Bandra (E) MUMBAT - 5(x) 051. Fax No: 022-26598237 I ³⁸

The Secretary Bombay Stock Exchange Ltd, ltt Floor, New Trading Ring Rotunda Building, P J Towers Dalal Street, Fort MUMBAT-400001. Fax : 022-22722037 139

DSar Sir(s),

Scrip Code : NSE: NCC & BSE : 500294

Sub: Allotment of 92,00,000 Equitv Shares of Rs.2/- each at a oremium of Rs.117.371- on conversion of Warrants issued on preferential basis to M/s. A V S R Holdines Private Ltd, one of the Promoters of the Companv .

Pursuant to Regulation 30 of the SEBI (LODR), Regulations, 2015, we wish to inform you that the Executive Committee of the Board at its meeting held today allotted 92,00,000 Equity Shares of Rs.2/- each at a premium of Rs.117.371- on conversion of Warrants issued on preferential basis to M/s. A V S R Holdings Private Ltd, one of the Promoters of the Company on receipt of the balance application money of Rs.82,36,53,OOO1- (being the 75% of the issue price).Post the aforesaid allotment , the paid up capital of the Company has increased to Rs.121.97 crores. We are also forwarding herewith the press release being issued in this connection.

The same may kindly be taken on record and acknowledged.

Thanking you, Yours faithfully, For NCC Limited

27 -o t- 2o 2o M V Srinivasa Murthy Company Secretary & EVP (Legal) Encl : As above

NrC

Press Release

Date:27 .01.2020

Sub: Allotment of 92,00,000 . Equity Shares otRs.2/- each at a premium of Rs.117.37 on conversion of the Warrants issued on preferential basis to M/s. A V S R Holdings Pvt Ltd. one of the Promoters of the Company.

NCC Limited had issued in August,2018,92,00,000 Convertible Warrants of Rs 119.37 each (each warrant convertible into one Equity Share of Rs.2/- each at a premium of Rs.ll7.37) on preferential basis to IWs. A V S R Holdings Pvt Ltd. one of the Promoters of the Company. The said M/s.A V S R Holdings Pvt Ltd. had remitted the application money of Rs.27,45,5 1,000/- (being 25%o of the issue price) at the time of allotment of warrants. [n terms of the issue of the Convertible Warrants, the Company has received the balance amount of Rs.82,36,53,000/- (being 75%o of the issue price) from M/s.A V S R Holdings Pvt Ltd. The Executive Committee of the Board at its meeting held today has allotted 92,00,000 - Equity Shares of Rs.2/- each at a premium of Rs.117.37 irr respect of the earlier issue of convertible warrants made to the said Promoter Company. Post the aforesaid allotment, the Paidup Capital of the Company has increased to Rs.l2l.97 Crs.

FoT NCC LIMITED

R S RAJU ASSOCIATE DIRECTOR (F&A) & CFO