AI assistant
Nitco Ltd. — Capital/Financing Update 2025
Mar 13, 2025
62410_rns_2025-03-13_c706c422-1403-48cc-b03e-e98d05f79c0b.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
March 13, 2025
NITCO/SE/2024-25/86
==> picture [157 x 66] intentionally omitted <==
To,
| To, | |
|---|---|
| Corporate Service Department | The Listing Department |
| BSE Limited | National Stock Exchange of India Limited |
| Jeejeebhoy Towers, | Exchange Plaza, Bandra Kurla Complex, |
| Dalal Street, | Bandra (E), |
| Mumbai – 400 001 | Mumbai – 400 051 |
| Script code:532722 | Script code:NITCO |
Dear Sir/Madam,
Subject: Disclosure in terms of Regulation 30 of SEBI (Listing Obligations and – Disclosure Requirements) Regulations, 2015 Update on transfer of Wind Energy Business
Dear Sir / Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the Listing Regulations”) and in continuation to the Company’s letter reference no. NITCO/SE/2024-25/76 dated February 12, 2025, we wish to inform you that upon fulfillment of conditions and post obtaining requisite approvals from shareholders, the Company has completed the sale, assignment, transfer, and conveyance of Wind Energy Business Undertaking of the Company as a going concern on a slump sale basis to Siva Green Energy India Private Limited and parties have executed the Wind Energy Business Transfer Agreement on March 12, 2025.
The Company had already submitted the requisite details as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD/1/P/CIR/2023/123 dated July 13, 2023 in above referred submission.
Request to take the above intimation on your records.
Thanking You,
For Nitco Limited
VIVEK Digitally signed by VIVEK PRANNATH PRANNATH TALWAR Date: 2025.03.13 TALWAR 11:28:40 +05'30' ___________________ Vivek Talwar Chairman & Managing Director DIN: 00043180
==> picture [70 x 70] intentionally omitted <==
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