Nitco Ltd. — Regulatory Filings 2021

Feb 25, 2021

==> picture [157 x 66] intentionally omitted <==

February 25, 2021

To,

	Corporate Service Dept.BSE LimitedJeejeebhoy TowersDalal Street,Mumbai – 400 001Script code: 532722	porate Service Dept.Limitedeebhoy Towersl S	The Listing Department,National Stock Exchange of India LimitExchange Plaza, Bandra Kurla Complex,Bd E

Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure - Requirements) Regulations, 2015 Update on sale of stake in New Vardhman Vitrified Private Limited, a subsidiary company.

Dear Sir/Madam,

We refer to our letter dated August 29, 2020 regarding sale of entire shareholding held by the company in New Vardhman Vitrified Private Limited (NVVPL). This is to further inform you that the transfer of shares of NVVPL is not completed due to nonreceipt of no objection certificate from the lenders of the company.

This is for your information and records.

Yours Faithfully,

For NITCO LIMITED

PUNEET ASHOK MOTWANI Digitally signed by PUNEET ASHOK MOTWANI DN: c=IN, o=Personal, title=1752, pseudonym=04913b39af873531a295e4efe0657415d11e0eb8c975e787401da8e7040e3397, postalCode=400050, st=Maharashtra, serialNumber=e5cad98cfd24de3726066fdfaa0affa081c6f46c029e402765ee6085e6a92fd4, cn=PUNEET ASHOK MOTWANI Date: 2021.02.25 11:54:10 +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: investorgrievances@nitco.in, Website: www. nitco.in