Nitco Ltd. — Regulatory Filings 2020

Oct 7, 2020

October 07, 2020

To,

Corporate Service Dept.	The Listing Department,
BSELimited	National Stock Exchange of India Limited
Jeejeebhoy Towers	Exchange Plaza, Bandra Kurla Complex,
Dalal Street,	Bandra (E),
Mumbai –400 001	Mumbai –400051.
Script code: 532722	Script code: NITCO

Sub: Disclosure in terms of SEBI circular SEBI/HO/CFD/CMD1/CIR/P/2019/140 dated November 21, 2019.

Dear Sir/Madam,

With reference to SEBI circular SEBI/HO/CFD/CMD1/CIR/P/2019/140 dated November 21, 2019, please find enclosed disclosure regarding total outstanding amount of default as on September 30, 2020 in the format prescribed under clause C2 of the said circular.

This is for your information and record.

For Nitco Limited

Puneet Ashok Motwani Digitally signed by Puneet Ashok Motwani DN: c=IN, o=Personal, cn=Puneet Ashok Motwani, serialNumber=e5cad98cfd24de3726066fdfaa0affa081c 6f46c029e402765ee6085e6a92fd4, postalCode=400050, 2.5.4.20=97eae5bc3d27583be5cbcf4cf08a510174880b 476c49bd0ef162c0976874ba71, st=Maharashtra Date: 2020.10.07 16:03:47 +05'30'

Puneet Motwani Company Secretary & Compliance Officer

C2. Disclosure of default of payment of interest / repayment of principal amount of loans from Banks/ Financial Institutions for the quarter ended September 30, 2020.

Sr. No	Particulars	Rs. (in Crore)
1	Loans / revolving facilities like cash credit from banks / financial institutions
A.	Total amount outstanding as on September30, 2020	518.97
B.	Of the total amount outstanding, amount of default as onSeptember 30, 2020	118.43
2	Unlisted debt securities i.e. NCDs and NCRPS
A.	Total amount outstanding as on September30, 2020	200.00
B.	Of the total amount outstanding, amount of default as onSeptember30, 2020	-
3	Total financial indebtedness of the listed entity includingshort-term and long-term debt	718.97

Note: The company has made a request to its lenders for restructuring of its debt.