NCC Limited — Capital/Financing Update 2023

Oct 13, 2023

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Ref.No.: NCCL/ Regulation 30/2023 Date : 13-10-2023

National Stock Exchange of India Ltd BSE Limited, Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra – Kurla Complex Dalal Street, Bandra (E) Fort MUMBAI - 400 051. M U M B A I – 400 001.

NSE: NCC

BSE: 500294

Dear Sir,

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR Regulations) read with SEBI Circular dated July 13, 2023.

In continuation to our letter dated 22[nd] September, 2023 regarding the Contract relating to GMLR twin tunnel project awarded by Brihanmumbai Municipal Corporation to J. Kumar - NCC (JV), we are to inform you that a Special Purpose Vehicle has been incorporated with the name “J. Kumar - NCC Private Limited” (CIN: U46639MH2023PTC412136) on October 13, 2023. The said SPV is a Subsidiary of NCC Limited (51%).

Enclosed herewith as Annexure - A, is the information pursuant to Regulation 30 of SEBI LODR Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

We would request you to please take the same on record. Thanking you,

Yours faithfully

For NCC Limited

Digitally signed by M M V SRINIVASA V SRINIVASA MURTHY MURTHY Date: 2023.10.13 18:17:46 +05'30'

M V Srinivasa Murthy Company Secretary & Sr.EVP (Legal) Encl: As above

NCC Limited

CIL: L72200TG1990PLC011146 NCC House, Madhapur, Hyderabad 500 081 T +91 40 2326 8888 F +91 40 23125555 ncclimited.com

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Annexure -A Details as per SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

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----- Start of picture text ----- Sr PARTICULARS DETAILSNo.1 Name of the target entity, details in brief such as Details of the SPV:size, turnover etc.;Name: J. Kumar - NCC Private LimitedSize: Not ApplicableTurnover: Not applicable (yet to commencebusiness operations).2 Whether the acquisition would fall within related Not Applicableparty transaction(s)? If yes, nature of interest anddetails thereof and whether the same is done at“arm’s length”;3 Whether the promoter/ promoter group/group The Promoter group/group companies of NCCcompanies have any interest in the entity being Limited do not have any interest in the aforesaidacquired? If yes, nature of interest and details SPV.thereof and whether the same is done at “arm’slength”;4 Industry to which the entity being acquired belongs; Construction / Civil5 Objects and impact of acquisition (including but not Not an Acquisition.limited to, disclosure of reasons for acquisition oftarget entity, if its business is outside the main line The SPV has been formed for execution of theof business of the listed entity); project relating to GMLR twin tunnel projectawarded by Brihanmumbai MunicipalCorporation6 Brief details of any governmental or regulatory Not Applicableapprovals required for the acquisition;7 Indicative time period for completion of the Not Applicableacquisition;----- End of picture text -----

NCC Limited

CIL: L72200TG1990PLC011146 NCC House, Madhapur, Hyderabad 500 081 T +91 40 2326 8888 F +91 40 23125555 ncclimited.com

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8	Consideration - whether cash consideration or shareswap or any other form and details of the same;	NIL
9	Cost of acquisition and/ or the price at which theshares are acquired	Not an Acquisition
10	Percentage of shareholding / control acquired and /or number of shares acquired;	51% of share capital will be held by NCCLimited .
11	Brief background about the entity acquired in termsof products/line of business acquired, date ofincorporation, history of last 3 years turnover,country in which the acquired entity has presenceand any other significant information (in brief)	Date of Incorporation: 13-10-2023**History/Turnover:**Not applicable, as the SPV isyet to commence its business operations.**Country of incorporation:**India

NCC Limited

CIL: L72200TG1990PLC011146 NCC House, Madhapur, Hyderabad 500 081 T +91 40 2326 8888 F +91 40 23125555 ncclimited.com