Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Nitco Ltd. Capital/Financing Update 2024

Oct 21, 2024

62410_rns_2024-10-22_07bdba04-b1b9-49a7-9bdd-d70dbf96e405.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

NITCO/SE/2024-25/45

==> picture [158 x 66] intentionally omitted <==

October 22, 2024

To,

Corporate Service Department
BSE Limited
Jeejeebhoy Towers
Dalal Street,
Mumbai – 400 001
Script code:532722
The Listing Department
National Stock Exchange of India Limited
Exchange Plaza, Bandra Kurla Complex, Bandra (E),
Mumbai – 400 051
Script code:NITCO

Subject : Outcome of the Board Meeting of NITCO Limited (“the Company”) held on Monday,

October 21, 2024

Dear Sir/Madam,

Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board of Directors of the Company at its meeting held on Monday, October 21, 2024, has considered and approved the following matters:

  1. Increase in the Authorized Share Capital of the Company from existing Rs.2,30,00,00,000/(Rupees Two Hundred and Thirty crores only) divided into 8,00,00,000 Equity Shares & 15,00,00,000 Preference Shares of Rs.10/- (Rupees Ten only) each to Rs. 500,00,00,000 (Rupees Five Hundred crores only) divided into 35,00,00,000 (Thirty-Five crores) Equity Shares & 15,00,00,000 Preference Shares of Rs.10/- (Rupees Ten only) each. The brief details of alteration in Memorandum of Association (“MOA”) as required under Regulation 30 read with Part A of the Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 are annexed herewith and marked as Annexure – A1.

  2. Issue of 4,44,71,000 (Four crores Forty Four Lakhs Seventy One Thousands) Equity Shares of face value of Rs. 10/- (Rupees Ten only) each, to the proposed allottees, on a preferential basis (“ Preferential Issue ”), subject to the approval of shareholders and requisite regulatory / statutory authorities and in accordance with provisions of Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“SEBI ICDR Regulations”) and applicable provisions of the Companies Act, 2013 and the rules made thereunder (“Companies Act”), as amended and other applicable laws.

  3. Issue of 2,34,10,000 (Two crores Thirty Four Lakhs Ten Thousand) Warrants, each convertible into equal number of Equity Shares in one or more tranches, to the proposed allottees, on a preferential basis (“ Preferential Issue ”), subject to the approval of shareholders and requisite regulatory / statutory authorities and in accordance with provisions of the Chapter V of the

Registered Office: NITCO Limited, 3/A, Recondo Compound, Sudam Kalu Ahire Marg, Glaxo, Worli Colony, Mumbai, Maharashtra, India, 400 030. Tel.: 91-22-25772800|25772790. CIN: L26920MH1966PLC016547. Email: [email protected] Website: www. nitco.in

==> picture [158 x 66] intentionally omitted <==

SEBI ICDR Regulations, the Companies Act, 2013 and other applicable laws, as amended from time to time.

4. Issue of 11,25,00,000 (Eleven crores Twenty Five Lakhs) Equity Shares of face value of Rs. 10/(Rupees Ten only) each, to Authum Investment & Infrastructure Limited (“Authum”), an entity which does not belong to the Promoter Group on a preferential basis (“ Preferential Issue ”), subject to the approval of shareholders and requisite regulatory / statutory authorities and in accordance with provisions of the Chapter V of SEBI ICDR Regulations, the Companies Act, 2013 and other applicable laws pursuant to conversion of part debt payable by the Company.

  1. Intent to Purchase Assets / Property(ies) / Shares from Related Parties, subject to approval of shareholders in the ensuing Extra Ordinary General Meeting in connection to Purchase of Assets/Property(ies)/Shares for a consideration amount aggregating upto Rs. 300 Crores (Rupees Three Hundred crores only).

  2. Alteration of Object Clause of Memorandum of Association of the Company. The brief details of alteration in MOA as required under Regulation 30 read with Part A of the Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 are annexed herewith and marked as Annexure – A2.

  3. Notice of Extra Ordinary General Meeting of the Company to be held on Friday, November 15, 2024 to seek necessary approval of the members, inter-alia for the aforementioned matters.

The details pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, are enclosed as Annexure B to this letter.

The Board Meeting commenced on Monday, October 21, 2024 at 10:00 P.M. and concluded on Tuesday, October 22, 2024 at 2:10 A.M.

Kindly acknowledge the receipt and take the above on your records.

Yours Sincerely,

For Nitco Limited

Digitally signed by VIVEK PRANNATH TALWAR DN: c=IN, st=Maharashtra, VIVEK 2.5.4.20=1ba122b609153a6d361743f9a364e2289b1 fe2116e39287aee98d9129baa257b, postalCode=400026, street=Mumbai Carmichael Road, PRANNATH pseudonym=7579bba5c17a4f29a31a465a6afd3057, title=7098, serialNumber=487a93c67f0077b930e213846f4b503 4936c03ce6ac9ee1c56371ad800c03dc8, TALWAR o=Personal, cn=VIVEK PRANNATH TALWAR Date: 2024.10.22 02:14:35 +05'30'

Vivek Talwar Chairman & Managing Director DIN: 00043180

Encl: A/a

Registered Office: NITCO Limited, 3/A, Recondo Compound, Sudam Kalu Ahire Marg, Glaxo, Worli Colony, Mumbai, Maharashtra, India, 400 030. Tel.: 91-22-25772800|25772790. CIN: L26920MH1966PLC016547. Email: [email protected] Website: www. nitco.in

==> picture [158 x 66] intentionally omitted <==

ANNEXURE – A1

Summary of amendments in the MOA of the Company

The Board of Directors of the Company approved an increase in authorized share capital and subsequential alteration in Clause V of MOA of the Company vide their Board meeting held on October 21, 2024, subject to approval of Members.

Alteration of Memorandum of Association ("MOA") of the Company

Sr. No. Changes
1. Clause V – Following shall be substituted in placed of existing Clause V of the
Memorandum of Association of the Company
“V. The Authorized Capital of the Company is Rs. 5,00,00,00,000/- (Rupees Five
Hundred Crores only), divided into 35,00,00,000 (Thirty-Five Crores) Equity
Shares of Rs. 10/- (Rupees Ten only) each, amounting to Rs. 3,50,00,00,000
(Rupees Three Hundred and Fifty Crores only), and 15,00,00,000 (Fifteen Crores)
Preference Shares of Rs. 10/- (Rupees Ten only) each, amounting to Rs.
1,50,00,00,000/- (Rupees One Hundred and Fifty Crores only) with powers to
increase and reduce the capital and consolidate, sub-divide and divide the Shares
in Capital for the time being into several classes and to attach thereto such rights,
privileges or conditions in the manner as may, for the time being, be provided by
the Articles of Association of the Company.”

Registered Office: NITCO Limited, 3/A, Recondo Compound, Sudam Kalu Ahire Marg, Glaxo, Worli Colony, Mumbai, Maharashtra, India, 400 030. Tel.: 91-22-25772800|25772790. CIN: L26920MH1966PLC016547. Email: [email protected] Website: www. nitco.in

==> picture [158 x 66] intentionally omitted <==

ANNEXURE – A2

Summary of amendments in the MOA of the Company

The Board of Directors of the Company approved alteration in Clause III (A) of MOA of the Company vide their Board meeting held on October 21, 2024, subject to approval of Members, by inserting varied horizon of Multiple Business Opportunities foreseen by the Board.

Alteration of Memorandum of Association ("MOA") of the Company to align with the Companies Act, 2013 as follows: -

Sr. No. Changes 1. Under Clause III (A) – Following object to be inserted after existing serial number 4 as under: 5. To purchase, acquire, deal, take on lease or in exchange or in any other lawful manner in any area, land, buildings, structures and to turn the same into account, develop the same and dispose off the same or maintain the same and to build townships, colonies, commercial complexes and markets, industrial undertakings, housing, apartments and residential complexes and buildings, under group housing schemes or otherwise, equip the same with all or any amenities or conveniences, carry on business as furnishers, interior decorating planners and contractors, home planners, and to do and to carry on business as builders, developers, town planners, colonizers, civil contractors and to undertake any residential, commercial or industrial construction, township construction, either independently or jointly in partnership, joint venture or agency or on sub contract basis.

Registered Office: NITCO Limited, 3/A, Recondo Compound, Sudam Kalu Ahire Marg, Glaxo, Worli Colony, Mumbai, Maharashtra, India, 400 030. Tel.: 91-22-25772800|25772790. CIN: L26920MH1966PLC016547. Email: [email protected] Website: www. nitco.in

==> picture [158 x 66] intentionally omitted <==

ANNEXURE B

The details as required to be disclosed under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are as follows:

Issue of Securities on Preferential basis Issue of Securities on Preferential basis
Type of
securities
proposed to
be issued
Equity Shares Warrants convertible into
equal number of Equity
Shares
Equity Shares pursuant to
conversion of part debt
payable by the Company
Type of
issuance
Preferential
Issue
of
Equity
Shares
in
accordance
with
the
Chapter V SEBI ICDR
Regulations
Preferential
Issue
of
Warrants in accordance with
the Chapter V of SEBI ICDR
Regulations
Preferential
Issue
of
Equity
Shares
in
accordance
with
the
Chapter V SEBI ICDR
Regulations
Total
number of
securities
allotted or
the total
amount for
which the
securities are
issued
4,44,71,000 (Four Crores
Forty
Four
Lakhs
Seventy One Thousands)
Equity Shares of face
value
of
Rs.
10/-
(Rupees Ten only) each
2,34,10,000
(Two
Crores
Thirty
Four
Lakhs
Ten
Thousand
Warrants
each
convertible
into
equal
number of Equity Shares of
Rs. 10/- (Rupees Ten only)
11,25,00,000
(Eleven
Crores
Twenty
Five
Lakhs) Equity Shares of
face value of Rs. 10/-
(Rupees Ten only) each
Names of
the Investor
As perAnnexure 1 As perAnnexure 2 Authum
Investment
&
Infrastructure Limited
Number of
Investors
71 (Total Number of investors including Equity Shares
and Warrants)
1
Issue of
price
Rs. 92.25/-, being a price
not being lower than the
price to be determined in
accordance
with
the
Regulation 164 of SEBI
ICDR Regulations
Rs. 92.25/-, being a price not
being lower than the price to
be
determined
in
accordance
with
the
Regulation
164
of
SEBI
ICDR Regulations
Rs. 92.25/-, being a price
not being lower than the
price to be determined in
accordance
with
the
Regulation 164A of SEBI
ICDR Regulations
In case of
convertibles:
intimation
of
conversion
of securities
or on lapse
of the tenure
of the
instrument
NA Each
Warrant
will
be
convertible
into,
or
exchangeable for, 1 (one)
fully paid-up Equity Share
of the Company of face
value of Rs. 10/- each
payable in cash, which may
be exercised in one or more
tranches during the period
commencing from the date
of allotment of the Warrants
until expiryof 18(Eighteen)
NA

Registered Office: NITCO Limited, 3/A, Recondo Compound, Sudam Kalu Ahire Marg, Glaxo, Worli Colony, Mumbai, Maharashtra, India, 400 030. Tel.: 91-22-25772800|25772790. CIN: L26920MH1966PLC016547. Email: [email protected] Website: www. nitco.in

==> picture [158 x 66] intentionally omitted <==

months.
25%
of
the
total
consideration will be paid at
the time of issuance of the
warrants and the remaining
75%
of
the
total
consideration shall be paid
upon
the
exercise/conversion of each
warrant within a period of
18 months of allotment of
warrants.
Post
allotment of
securities -
outcome of
the
subscription,
issue price /
allotted
price (in case
of
convertibles)
The issue and allotment
of
Equity
Shares
is
subject to approval of
shareholders by way of
passing
of
special
resolution at the Extra
Ordinary
General
Meeting.
Issue price of Equity
Shares
is
to
be
determined
in
accordance
with
Regulation 164 of SEBI
ICDR Regulations.
The issued shares shall
rank
pari-passu
with
existing Equity Shares of
the
Company
in
all
respects.
The
Pre
and
Post
Shareholding
is
provided inAnnexure 3
The issue and allotment of
Convertible
Warrants
is
subject
to
approval
of
shareholders by way of
passing of special resolution
at
the
Extra
Ordinary
General Meeting.
Issue price of warrants is to
be
determined
in
accordance with Regulation
164
of
SEBI
ICDR
Regulations.
Each warrant is convertible
into 1 equity share fully
paid up and the conversion
can be exercised at any time
within
a
period
of
18
months from the date of
allotment, in one or more
tranches, as the case may,
and shall rank_pari-passu_
with existing Equity Shares
of the Company in all
respects.
The
Pre
and
Post
Shareholding is provided in
Annexure 3
The issue and allotment of
Equity Shares is subject to
approval of shareholders
by way of passing of
special resolution at the
Extra Ordinary General
Meeting.
Issue
price
of
Equity
Shares is to be determined
in
accordance
with
Regulation 164A of SEBI
ICDR Regulations.
The issued shares shall
rank
pari-passu
with
existing equity shares of
the
Company
in
all
respects.
The
Pre
and
Post
Shareholding is provided
inAnnexure 3
Lock-In The Equity Shares/ Warrants/ Resulting Equity Shares shall be subject to ‘lock-in’
asprescribed under the applicableprovisions of the SEBI ICDR Regulations.

Registered Office: NITCO Limited, 3/A, Recondo Compound, Sudam Kalu Ahire Marg, Glaxo, Worli Colony, Mumbai, Maharashtra, India, 400 030. Tel.: 91-22-25772800|25772790. CIN: L26920MH1966PLC016547. Email: [email protected] Website: www. nitco.in

==> picture [158 x 66] intentionally omitted <==

ANNEXURE 1

Sr
no
Name of the Proposed Allottees Number of Equity
Shares proposed to be
issued(Up to)
Category
1 Altitude Investment Fund PCC Cell 1 43,36,000 Public
2 Vivek Prannath Talwar 35,00,000 Promoter
3 Ved Investments 27,10,000 Public
4 Chartered Finance & leasingLimited 21,68,000 Public
5 Systematix FincorpIndia Limited 18,97,000 Public
6 VirajRussell Mehta 16,26,000 Public
7 Nexta Enterprises LLP 16,26,000 Public
8 BSAS Infotech Limited 14,63,000 Public
9 Fortune Bright TradingLLP 10,84,000 Public
10 Pragya Mercatile Private Limited 10,84,000 Public
11 Emerge Capital Opportunities Scheme 10,84,000 Public
12 Meena ashwin kothari 10,84,000 Public
13 Skyward Capital Advisors Private Limited 10,84,000 Public
14 Sunil Patil 10,84,000 Public
15 GPR Finance Corp 8,13,000 Public
16 Maneeshparmar 8,13,000 Public
17 Sanjeev Agarwal 8,13,000 Public
18 Abhilasha Singhania 7,59,000 Public
19 Jaishree Singhania 7,59,000 Public
20 Gagan Dinanath Chaturvedi 7,05,000 Public

Registered Office: NITCO Limited, 3/A, Recondo Compound, Sudam Kalu Ahire Marg, Glaxo, Worli Colony, Mumbai, Maharashtra, India, 400 030. Tel.: 91-22-25772800|25772790. CIN: L26920MH1966PLC016547. Email: [email protected] Website: www. nitco.in

==> picture [158 x 66] intentionally omitted <==

21 Trishakti Power Holdings Private Limited 6,50,000 Public
22 Subodh Popatlal Shah 6,50,000 Public
23 Narnatak Dealcomm Limited 5,42,000 Public
24 Shubham Capital Private Limited 5,42,000 Public
25 ChanchalJain 5,42,000 Public
26 Valor Estate Limited 5,42,000 Public
27 Macrotech Developers Limited 5,42,000 Public
28 RonakJain 5,42,000 Public
29 Virendra Prakash Ranka HUF 5,42,000 Public
30 Pinnacle Investments 5,42,000 Public
31 Suresh Bhatia HUF 4,34,000 Public
32 Nimish Chandulal Shah 4,34,000 Public
33 Purnata Advisors LLP 4,34,000 Public
34 Vasudha Exotica LLP 4,34,000 Public
35 Manguben Bhanjibhai Thakkar 4,34,000 Public
36 AG Dynamic Funds Limited 3,25,000 Public
37 Ankit Ujawalkumar Pagaria 3,25,000 Public
38 Visaria FamilyTrust 3,25,000 Public
39 Vimal Singhvi Huf 3,25,000 Public
40 Arman Securities Management Pvt Limited 3,25,000 Public
41 Prabhat Renewable Energy& Agro Limited 3,25,000 Public
42 Bansilal Shanthilal Vinod Kumar HUF 2,71,000 Public
43 Dron Capital Consultants LLP 2,71,000 Public

Registered Office: NITCO Limited, 3/A, Recondo Compound, Sudam Kalu Ahire Marg, Glaxo, Worli Colony, Mumbai, Maharashtra, India, 400 030. Tel.: 91-22-25772800|25772790. CIN: L26920MH1966PLC016547. Email: [email protected] Website: www. nitco.in

==> picture [158 x 66] intentionally omitted <==

44 Fashion Suitings Private Limited 2,71,000 Public
45 Ashish Anubhai Gopani Huf 2,17,000 Public
46 Cigam Ventures Private Limited 2,17,000 Public
47 Madhujain 2,17,000 Public
48 Anand Omprakash Agrawal 1,63,000 Public
49 Raju Omprakash Agrawal 1,63,000 Public
50 SRM Value Growth Investments Private
Limited
1,63,000 Public
51 Gautam Kumar Chordia 1,63,000 Public
52 Sheth Shantilal C 1,63,000 Public
53 Jayantilal Bheemraj Jain 1,08,000 Public
54 Sheela Narendra Mehta 1,08,000 Public
55 Alpeshkumar Fakirchand Agarwal 1,08,000 Public
56 AkshayVasudev Hemrajani 1,08,000 Public
57 AtishayRajeshkumar Gupta 1,08,000 Public
58 Bela Agarwal 1,08,000 Public
59 Surbhi Arora 1,08,000 Public
60 Vikash B. Maskara 1,08,000 Public
61 Arjun Mahadappa Mudda 1,08,000 Public
62 Chetna Pravin Maru 1,08,000 Public
63 DeepaJain 1,08,000 Public
64 Gautam RajShroff 1,08,000 Public
65 Gulabchand & Company 1,08,000 Public
66 KamleshJain 1,08,000 Public

Registered Office: NITCO Limited, 3/A, Recondo Compound, Sudam Kalu Ahire Marg, Glaxo, Worli Colony, Mumbai, Maharashtra, India, 400 030. Tel.: 91-22-25772800|25772790. CIN: L26920MH1966PLC016547. Email: [email protected] Website: www. nitco.in

==> picture [158 x 66] intentionally omitted <==

67 Kavin Vinod Shah 1,08,000 Public
68 Rajesh Kumar Mohta 1,08,000 Public
69 Utkarsh Singh 1,08,000 Public
70 Vaishali Biren Shah 1,08,000 Public

ANNEXURE 2

Sr.
No.
Name of Investor Number of Convertible Warrants Category
1 Vivek Prannath Talwar 2,34,10,000 Promoter
TOTAL 2,34,10,000

ANNEXURE 3

Post allotment of securities- outcome of the subscription:

Sr.
No
Name of the Proposed
Allottees
Pre-Issue
Shareholding
Pre-Issue
Shareholding
Issue of
Equity
Shares and
Warrants
(Present
Issue)
Post-Issue
*Shareholding **
Post-Issue
*Shareholding **
No. of
Equity
Shares
% of
Sharehol
ding
No. of
Equity
Shares
% of
Share
holdin
g
1 Altitude Investment Fund
PCC Cell 1
43,36,000
43,36,000

1.72
2 Vivek Prannath Talwar 63,23,669
8.80

2,69,10,000

3,32,33,669

13.18
3 Ved Investments 27,10,000
27,10,000

1.07
4 Chartered Finance & leasing
Limited
21,68,000
21,68,000

0.86
5 Systematix Fincorp India
Limited
18,97,000
18,97,000

0.75
6 Viraj Russell Mehta 16,26,000
16,26,000

0.64
7 Nexta Enterprises LLP 16,26,000
16,26,000

0.64
8 BSAS Infotech Limited 14,63,000
14,63,000

0.58
9 Fortune Bright Trading LLP 10,84,000
10,84,000

0.43
10 Pragya Mercatile Private
Limited
10,84,000
10,84,000

0.43

Registered Office: NITCO Limited, 3/A, Recondo Compound, Sudam Kalu Ahire Marg, Glaxo, Worli Colony, Mumbai, Maharashtra, India, 400 030. Tel.: 91-22-25772800|25772790. CIN: L26920MH1966PLC016547. Email: [email protected] Website: www. nitco.in

==> picture [158 x 66] intentionally omitted <==

11 Emerge Capital
Opportunities Scheme
10,84,000
10,84,000

0.43
12 Meena ashwin kothari 10,84,000
10,84,000

0.43
13 Skyward Capital Advisors
Private Limited
10,84,000
10,84,000

0.43
14 Sunil Patil 10,84,000
10,84,000

0.43
15 GPR Finance Corp 8,13,000
8,13,000

0.32
16 Maneesh parmar 8,13,000
8,13,000

0.32
17 Sanjeev Agarwal 8,13,000
8,13,000

0.32
18 Abhilasha Singhania 7,59,000
7,59,000

0.30
19 Jaishree Singhania 7,59,000
7,59,000

0.30
20 Gagan Dinanath Chaturvedi 7,05,000
7,05,000

0.28
21 Trishakti Power Holdings
Private Limited
6,50,000
6,50,000

0.26
22 Subodh Popatlal Shah 6,50,000
6,50,000

0.26
23 Narnatak Dealcomm
Limited
5,42,000
5,42,000

0.21
24 Shubham Capital Private
Limited
5,42,000
5,42,000

0.21
25 Chanchal Jain 5,42,000
5,42,000

0.21
26 Valor Estate Limited 5,42,000
5,42,000

0.21
27 Macrotech Developers
Limited
5,42,000
5,42,000

0.21
28 Ronak Jain 5,42,000
5,42,000

0.21
29 Virendra Prakash Ranka
HUF
5,42,000
5,42,000

0.21
30 Pinnacle Investments 5,42,000
5,42,000

0.21
31 Suresh Bhatia HUF 4,34,000
4,34,000

0.17
32 Nimish Chandulal Shah 4,34,000
4,34,000

0.17
33 Purnata Advisors LLP 4,34,000
4,34,000

0.17

Registered Office: NITCO Limited, 3/A, Recondo Compound, Sudam Kalu Ahire Marg, Glaxo, Worli Colony, Mumbai, Maharashtra, India, 400 030. Tel.: 91-22-25772800|25772790. CIN: L26920MH1966PLC016547. Email: [email protected] Website: www. nitco.in

==> picture [158 x 66] intentionally omitted <==

34 Vasudha Exotica LLP 4,34,000
4,34,000

0.17
35 Manguben Bhanjibhai
Thakkar
4,34,000
4,34,000

0.17
36 AG Dynamic Funds Limited 3,25,000
3,25,000

0.13
37 Ankit Ujawalkumar Pagaria 3,25,000
3,25,000

0.13
38 Visaria Family Trust 3,25,000
3,25,000

0.13
39 Vimal Singhvi Huf 3,25,000
3,25,000

0.13
40 Arman Securities
Management Pvt Limited
3,25,000
3,25,000

0.13
41 Prabhat Renewable Energy
& Agro Limited
3,25,000
3,25,000

0.13
42 Bansilal Shanthilal Vinod
Kumar HUF
2,71,000
2,71,000

0.11
43 Dron Capital Consultants
LLP
2,71,000
2,71,000

0.11
44 Fashion Suitings Private
Limited
2,71,000
2,71,000

0.11
45 Ashish Anubhai Gopani
Huf
2,17,000
2,17,000

0.09
46 Cigam Ventures Private
Limited
2,17,000
2,17,000

0.09
47 Madhu jain 2,17,000
2,17,000

0.09
48 Anand Omprakash Agrawal 1,63,000
1,63,000

0.06
49 Raju Omprakash Agrawal 1,63,000
1,63,000

0.06
50 SRM Value Growth
Investments Private Limited
1,63,000
1,63,000

0.06
51 Gautam Kumar Chordia 1,63,000
1,63,000

0.06
52 Sheth Shantilal C 1,63,000
1,63,000

0.06
53 Jayantilal Bheemraj Jain 1,08,000
1,08,000

0.04
54 Sheela Narendra Mehta 1,08,000
1,08,000

0.04
55 Alpeshkumar Fakirchand
Agarwal
1,08,000
1,08,000

0.04
56 Akshay Vasudev Hemrajani 1,08,000
1,08,000

0.04

Registered Office: NITCO Limited, 3/A, Recondo Compound, Sudam Kalu Ahire Marg, Glaxo, Worli Colony, Mumbai, Maharashtra, India, 400 030. Tel.: 91-22-25772800|25772790. CIN: L26920MH1966PLC016547. Email: [email protected] Website: www. nitco.in

==> picture [158 x 66] intentionally omitted <==

57 Atishay Rajeshkumar Gupta 1,08,000
1,08,000

0.04
58 Bela Agarwal 1,08,000
1,08,000

0.04
59 Surbhi Arora 1,08,000
1,08,000

0.04
60 Vikash B. Maskara 1,08,000
1,08,000

0.04
61 Arjun Mahadappa Mudda 1,08,000
1,08,000

0.04
62 Chetna Pravin Maru 10,000
0.01
1,08,000
1,18,000

0.05
63 Deepa Jain 1,08,000
1,08,000

0.04
64 Gautam Raj Shroff 1,08,000
1,08,000

0.04
65 Gulabchand & Company 1,08,000
1,08,000

0.04
66 Kamlesh Jain 1,08,000
1,08,000

0.04
67 Kavin Vinod Shah 1,08,000
1,08,000

0.04
68 Rajesh Kumar Mohta 1,08,000
1,08,000

0.04
69 Utkarsh Singh 1,08,000
1,08,000

0.04
70 Vaishali Biren Shah 1,08,000
1,08,000

0.04
71 Authum Investment &
Infrastructure Limited
11,25,00,000
11,25,00,000

44.60

*The post issue shareholding pattern in the above table has been prepared on the basis that the proposed allottee(s) will subscribe to all the equity shares or warrants which they intent to do so and on fully diluted basis and the pre-issue share holding pattern continue to the shareholder of the Company. In the event for any reason, the proposed allottee(s) do not or are unable to subscribe to and/or are not allotted the Equity Shares or warrants, the shareholding pattern in the above table would undergo corresponding changes.

Registered Office: NITCO Limited, 3/A, Recondo Compound, Sudam Kalu Ahire Marg, Glaxo, Worli Colony, Mumbai, Maharashtra, India, 400 030. Tel.: 91-22-25772800|25772790. CIN: L26920MH1966PLC016547. Email: [email protected] Website: www. nitco.in