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Nitco Ltd. Regulatory Filings 2020

Jul 7, 2020

62410_rns_2020-07-07_d9216fdf-88b5-4fe5-8df8-46ebbdd92d6c.pdf

Regulatory Filings

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July 07, 2020

To,

Corporate Service Dept.Bombay Stock Exchange LimitedJeejeebhoy TowersDalal Street,Mumbai – 400 001Script code: 532722 The Listing Department,National Stock Exchange of India LimitedExchange Plaza, Bandra Kurla Complex,Bandra (E),Mumbai – 400051.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 30[th] June, 2020 in the format prescribed under clause C2 of the said circular.

This is for your information and record.

For Nitco Limited

Digitally signed by Puneet Ashok Motwani DN: c=IN, o=Personal, cn=Puneet Ashok Motwani, Puneet Ashok serialNumber=e5cad98cfd24de3726066fdfaa0aff a081c6f46c029e402765ee6085e6a92fd4, postalCode=400050, Motwani 2.5.4.20=97eae5bc3d27583be5cbcf4cf08a510174880b476c49bd0ef162c0976874ba71, st=Maharashtra Date: 2020.07.07 12:39:52 +05'30' Puneet Motwani Company Secretary & Compliance Officer

Corporate Office: NITCO Limited, NITCO House, Sheth Govindram Jolly Marg, Kanjur Marg (East), Mumbai- 400 042. Tel.: 91-22-67302500|67521555, Fax: 91-22-25786484. CIN: L26920MH1966PLC016547. Email: [email protected], Website: www. nitco.in

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

Sr. No Particulars Rs. (in Crore)
1 Loans / revolving facilities like cash credit from banks / financial institutions
A. Total amount outstandingas on June 30, 2020 519.90
B. Of the total amount outstanding, amount of default as on June30,2020 104.55
2 Unlisted debt securities i.e. NCDs and NCRPS
A. Total amount outstanding as on June 30, 2020 200.00
B. Of the total amount outstanding, amount of default as on June30, 2020 -
3 Total financial indebtedness of the listed entity includingshort-term and long-term debt 719.90

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

Corporate Office: NITCO Limited, NITCO House, Sheth Govindram Jolly Marg, Kanjur Marg (East), Mumbai- 400 042. Tel.: 91-22-67302500|67521555, Fax: 91-22-25786484. CIN: L26920MH1966PLC016547. Email: [email protected], Website: www. nitco.in