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Nitco Ltd. Regulatory Filings 2020

Apr 7, 2020

62410_rns_2020-04-07_ad233247-908f-4061-8737-afb86189d999.pdf

Regulatory Filings

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April 07, 2020

To,

To,
Corporate Service Department The Listing Department
BSE Limited N ational Stock Exchange of India Limited
Jeejeebhoy Towers E xchange Plaza, Bandra Kurla Complex,
Dalal Street,Mumbai – 400 001Script code: 532722BMScSub:Disclosure in terms of SEBI circu Dalal Street,Mumbai – 400 001Script code: 532722 BMSc andra (E),umbai – 400051.ript code: NITCO
lar SEBI/HO/CFD/CMD1/CIR/P/2019/140

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 31[st] March, 2020 in the format prescribed under clause C2 of the said circular.

In view of a national emergency situation aroused in the country due to spread of Novel Coronavirus (COVID-19) we are submitting this disclosure/announcement without signature.

This is for your information and record.

For Nitco Limited

Sd/Puneet Motwani Company Secretary & Compliance Officer Contact No. : +91 99676 47665

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/year ended March 31, 2020.

Sr. No Particulars Rs. (in Crore)
1 Loans / revolving facilities like cash credit from banks / financial institutions
A. Total amount outstandingas on March 31, 2020 650.77
B. Of the total amount outstanding, amount of default as onMarch 31,2020 89.72
2 Unlisted debt securities i.e. NCDs and NCRPS
A. Total amount outstanding as on March 31, 2020 200.00
B. Of the total amount outstanding, amount of default as onMarch 31, 2020 -
3 Total financial indebtedness of the listed entity includingshort-term and long-term debt 850.77

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