Date: 21st June, 2021

To,

Corporate Service Dept.	The Listing Department,
Bombay Stock Exchange 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,

Sub: Disclosure of Related Party Transactions for the half year ended 31st March, 2021 pursuant to Regulation 23 (9) of the SEBI (Listing Obligations and Disclosure Requirements), Regulation, 2015

Pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements), Regulation, 2015 Listing Regulations, please find enclosed herewith the details of Related Party Transactions, on consolidated basis, for the half year ended 31st March, 2021.

This is for your information and record.

Yours faithfully, For NITCO Limited

PUNEET ASHOK MOTWANI Digitally signed by PUNEET ASHOK MOTWANI DN: c=IN, o=Personal, title=1752, pseudonym=04913b39af873531a295e4efe06 57415d11e0eb8c975e787401da8e7040e3397, postalCode=400050, st=Maharashtra, serialNumber=e5cad98cfd24de3726066fdfaa 0affa081c6f46c029e402765ee6085e6a92fd4, cn=PUNEET ASHOK MOTWANI Date: 2021.06.21 15:58:04 +05'30'

Puneet Motwani Company Secretary & Compliance Officer

NITCO LIMTIED

Related Party Disclosures for Nitco Limited on a consolidated basis for the year ended March 31, 2021.

Related party disclosures as required by IND As 24 "Related Party Disclosures" are given below:

(A) List of related parties with whom transactions have taken place:

Key Management Personnel (KMP)
Mr. Vivek Talwar – Chairman & Managing Director	Mr. Samir Chawla – Nominee Director of JMFARC#
Mr. Sharath Padmanabh Bolar - Independent Director	Mr. Veetenkumar H Kavar – Director
Mrs. Bharti Pradeep Dhar - Independent Director	Mr. Rajeshbhai J Likhiya – Director
Mr. Siddharth Pradip Kothari - Independent Director	Mr. Rajesh Sunderlal Shah – Director
Mr. Vivek Grover – Nominee Director of JMFARC#	Mr. Rameshchandra Mithalal Derasariya – Director

Mr. Vivek Grover & Mr. Samir Chawla were appointed as Nominee Director of JMFARC w.e.f. September 18, 2018.

List of other related parties

Entity having significant influence over the Company
Mr. Vivek Talwar – Chairman & Managing Director	Aurella Estate & Investment Pvt. Ltd.

Post - Employment benefit plans
Nitco Limited Employees Group Gratuity Schemes	Nitco Tiles Ltd. Superannuation Fund

Relative of Key Management Personnel (KMP)
Anjali Talwar	Khushbuben Rameshbhai Derasariya
Rohan Talwar	Meenaben C.Gandhi
Poonam Talwar	Nayna Pravinbhai Mehta
Abhishek Sureshbhai Mehta	Payal Vishal Gandhi
Ashvinbhai Raghavjibhai Jivani	Pravinchandra Sevantilal Sheth - HUF
Dhirubhai Bhurabhai Boda	Rajesh S.Shah
Hardik Rajeshbhai Likhiya	Rameshbhai Babulal Bhadja
Hina Yogesh Gandhi	Sadhna Sureshbhai Mehta
Jayesh Mavjibhai Chaniyra	Utsav V Mehta
Karan Pravinbhai Shah

Entities where control / significant influence by KMPs and their relatives exists and with whom
transaction have taken place
Eden Garden Builders Pvt. Ltd.	Nitco Sales Corporation Delhi
Enjoy Builders Pvt. Ltd.	Nitco Tiles Sales Corporation
Lavender Properties Pvt. Ltd.	Northern India Tiles Sales Corporation
Prakalp Properties Pvt. Ltd.	Nitco Paints Pvt. Ltd.
Rang Mandir Builders Pvt. Ltd.	Saumya Buildcon Pvt. Ltd.
Usha Kiran Builders Pvt. Ltd.	Gem manufacturing India Pvt. Ltd.
Saisha Trading LLP	Unique Cera Tileware Pvt. Ltd.
IB Hospitality Pvt. Ltd.	Multistone Granito Pvt. Ltd.
Watco Trading Private Limited	Patidar Power Pvt. Ltd.
Watco Engineering Pvt. Ltd.	Vardhman Vitrified Pvt. Ltd.
Nitco Tiles & Marble Industries (Andhra) Pvt. Ltd.	Nilcity Plast Pvt. Ltd.

(B) Transactions with Related Parties during the period:

	For the year ended March 31, 2021				For the year ended March 31, 2020
Transaction	KeyManagementPersonnel	Entities wherecontrol/significant influence byKMPs and theirrelatives exist	Postemployment benefitplan	Total	KeyManagementPersonnel	Entities wherecontrol/significant influence byKMPs and theirrelatives exist	Postemployment benefitplan	Total
Power & fuel expenses
Saisha Trading LLP		-		-		-		-
Other Expenses
IB Hospitality Pvt. Ltd.		4.96		4.96		1.57		1.57
Siddharth Pradip Kothari	-			-	0.46			0.46
Directors Sitting Fees
Rakesh Kashimpuria*	0.90			0.90	-			-
Sharath Padmanabh Bolar	2.50			2.50	2.30			2.30
Bharti Pradeep Dhar	2.50			2.50	1.80			1.80
Siddharth Pradip Kothari	2.45			2.45	1.40			1.40
Vivek Grover*	1.50			1.50	1.20			1.20
Samir Chawla*	0.60			0.60	0.90			0.90
Rent Paid
Eden Garden Builders Pvt. Ltd.		-		-		2.65		2.65
Enjoy Builders Pvt. Ltd.		-		-		3.64		3.64
Lavender Properties Pvt. Ltd.		-		-		2.63		2.63
Prakalp Properties Pvt. Ltd.		-		-		2.52		2.52
Rang Mandir Builders Pvt. Ltd.		-		-		3.48		3.48
Usha Kiran Builders Pvt. Ltd.		-		-		2.63		2.63
Rent Received
Saisha Trading LLP		-		-		-		-
Loans & Advances Returned/ Adjusted
Nitco Paints Pvt. Ltd.		-		-		-		-
JM Township & Real Estate Pvt. Ltd.		-		-		965.50		965.50
Loans & Advances Received/ Adjusted		-		-
Nitco Paints Pvt. Ltd.		-		-		191.50		191.50
Contribution made
Nitco LimitedEmployees Group Gratuity			-	-			90.00	90.00
Schemes
Nitco Tiles Ltd. Superannuation Fund			-	-			-	-

* Sitting fees on behalf of Nominee Directors i.e., Mr. Vivek Grover, Mr. Samir Chawla & Mr. Rakesh Kashimpuria is paid to JM Financial Asset Reconstruction Company Limited (JMFARC).

Rs. In Lacs

(C) Balances outstanding with Related Parties as at year end:

	As at March 31, 2021				As at March 31, 2020
Transactions	KeyManagementPersonnel	Entities wherecontrol/significant influence byKMPs and theirrelative exist	Postemployment benefitplan	Total	KeyManagementPersonnel	Entities wherecontrol/significant influence byKMPs and theirrelative exist	Postemployment benefitplan	Total
Amount Receivable/(Payable)
Saumya Buildcon Pvt. Ltd.		995.99		995.99		995.99		995.99
Eden Garden Builders Pvt. Ltd.		150.00		150.00		150.00		150.00
Enjoy Builders Pvt. Ltd.		205.00		205.00		205.00		205.00
Lavender Properties Pvt. Ltd.		150.00		150.00		150.00		150.00
Prakalp Properties Pvt. Ltd.		145.00		145.00		145.00		145.00
Rang Mandir Builders Pvt. Ltd.		200.00		200.00		200.00		200.00
Usha Kiran Builders Pvt. Ltd.		150.00		150.00		150.00		150.00
Poonam Talwar		9.19		9.19		9.19		9.19
Nitco Tiles & Marble Industries (Andhra)Pvt. Ltd.		1.00		1.00		1.00		1.00
Nitco Paints Pvt. Ltd.		(191.50)		(191.50)		(191.50)		(191.50)
Eden Garden Builders Pvt. Ltd.		(17.97)		(17.97)		(17.97)		(17.97)
Enjoy Builders Pvt. Ltd.		(27.94)		(27.94)		(27.94)		(27.94)
Lavender Properties Pvt. Ltd.		(21.75)		(21.75)		(21.75)		(21.75)
Prakalp Properties Pvt. Ltd.		(20.13)		(20.13)		(20.13)		(20.13)
Rang Mandir Builders Pvt. Ltd.		(28.85)		(28.85)		(28.85)		(28.85)
Usha Kiran Builders Pvt. Ltd.		(21.57)		(21.57)		(21.57)		(21.57)
Saisha Trading LLP		(225.51)		(225.51)		(225.51)		(225.51)
IB Hospitality Pvt. Ltd.		(0.81)		(0.81)		-		-
Watco Trading Private Limited		(115.70)		(115.70)		(115.70)		(115.70)
Watco Engineering Pvt. Ltd.		(23.40)		(23.40)		(23.40)		(23.40)
Nitco Sales Corporation Delhi		(0.02)		(0.02)		(0.02)		(0.02)
Nitco Tiles Sales Corporation		(0.23)		(0.23)		(0.23)		(0.23)

Rs. in Lacs

	As at March 31, 2021				As at March 31, 2020
Transactions	KeyManagementPersonnel	Entities wherecontrol/significant influence byKMPs and theirrelative exist	Postemployment benefitplan	Total	KeyManagementPersonnel	Entities wherecontrol/significant influence byKMPs and theirrelative exist	Postemployment benefitplan	Total
Northern India Tiles Sales Corporation		(1.73)		(1.73)		(1.73)		(1.73)
JM Township & Real Estate Pvt. Ltd.		-		-		-		-
Rajeshbhai Likhiya	(19.50)			(19.50)	(19.50)			(19.50)
Abhishek Sureshbhai Mehta		(21.50)		(21.50)		(21.50)		(21.50)
Ashvinbhai Raghavjibhai Jivani		(13.00)		(13.00)		(13.00)		(13.00)
Dhirubhai Bhurabhai Boda		(2.00)		(2.00)		(2.00)		(2.00)
Hardik Rajeshbhai Likhiya		(12.50)		(12.50)		(12.50)		(12.50)
HinaYogesh Gandhi		(96.49)		(96.49)		(96.49)		(96.49)
Jayesh Mavjibhai Chaniyra		(26.90)		(26.90)		(26.90)		(26.90)
Karan Pravinbhai Shah		(10.59)		(10.59)		(10.59)		(10.59)
Khushbuben Rameshbhai Derasariya		(7.50)		(7.50)		(7.50)		(7.50)
Meenaben C.Gandhi		(87.35)		(87.35)		(87.35)		(87.35)
Nayna Pravinbhai Mehta		(14.50)		(14.50)		(14.50)		(14.50)
Payal Vishal Gandhi		(21.17)		(21.17)		(21.17)		(21.17)
Pravinchandra Sevantilal Sheth -HUF		(16.29)		(16.29)		(16.29)		(16.29)
Rajesh S.Shah		(21.17)		(21.17)		(21.17)		(21.17)
Rameshbhai Babulal Bhadja		(10.75)		(10.75)		(10.75)		(10.75)
Sadhna Sureshbhai Mehta		(27.00)		(27.00)		(27.00)		(27.00)
Utsav V Mehta		(7.00)		(7.00)		(7.00)		(7.00)
Vardhman Vitrified Pvt. Ltd.		18.94		18.94		18.94		18.94
Nilcity Plast Pvt. Ltd.		(0.71)		(0.71)		(0.71)		(0.71)
Vardhman Vitrified Pvt. Ltd.		(1.00)		(1.00)		(1.00)		(1.00)
Guarantee Received -Promoter Group	73,521.40			73,521.40	68,959.26			68,959.26
Nitco LimitedEmployees Group GratuitySchemes			(286.67)	(286.67)			(258.47)	(258.47)

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Nitco Ltd. Regulatory Filings 2021

62410_rns_2021-06-21_08040267-7437-4f17-a890-d93effdd1c26.pdf

NITCO LIMTIED

Related Party Disclosures for Nitco Limited on a consolidated basis for the year ended March 31, 2021.

(A) List of related parties with whom transactions have taken place:

Mr. Vivek Grover & Mr. Samir Chawla were appointed as Nominee Director of JMFARC w.e.f. September 18, 2018.

List of other related parties

(B) Transactions with Related Parties during the period:

(C) Balances outstanding with Related Parties as at year end:

AI assistant

Nitco Ltd. — Regulatory Filings 2021

62410_rns_2021-06-21_08040267-7437-4f17-a890-d93effdd1c26.pdf

NITCO LIMTIED

Related Party Disclosures for Nitco Limited on a consolidated basis for the year ended March 31, 2021.

(A) List of related parties with whom transactions have taken place:

Mr. Vivek Grover & Mr. Samir Chawla were appointed as Nominee Director of JMFARC w.e.f. September 18, 2018.

List of other related parties

(B) Transactions with Related Parties during the period:

(C) Balances outstanding with Related Parties as at year end:

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