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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Sr PARTICULARS DETAILS
No.
1 Name of the target entity, details in brief such as Details of the SPV:
size, turnover etc.;
Name: J. Kumar - NCC Private Limited
Size: Not Applicable
Turnover: Not applicable (yet to commence
business operations).
2 Whether the acquisition would fall within related Not Applicable
party transaction(s)? If yes, nature of interest and
details thereof and whether the same is done at
“arm’s length”;
3 Whether the promoter/ promoter group/group The Promoter group/group companies of NCC
companies have any interest in the entity being Limited do not have any interest in the aforesaid
acquired? If yes, nature of interest and details SPV.
thereof and whether the same is done at “arm’s
length”;
4 Industry to which the entity being acquired belongs; Construction / Civil
5 Objects and impact of acquisition (including but not Not an Acquisition.
limited to, disclosure of reasons for acquisition of
target entity, if its business is outside the main line The SPV has been formed for execution of the
of business of the listed entity); project relating to GMLR twin tunnel project
awarded by Brihanmumbai Municipal
Corporation
6 Brief details of any governmental or regulatory Not Applicable
approvals required for the acquisition;
7 Indicative time period for completion of the Not Applicable
acquisition;
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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 share swap or any other form and details of the same;	NIL
9	Cost of acquisition and/ or the price at which the shares 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 NCC Limited .
11	Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief)	Date of Incorporation: 13-10-2023 History/Turnover:Not applicable, as the SPV is yet 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