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Nitco Ltd. Regulatory Filings 2021

Apr 6, 2021

62410_rns_2021-04-06_32faa460-cb0f-4795-9a2b-93bb89bef195.pdf

Regulatory Filings

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April 06, 2021

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 31[st] March, 2021 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 PUNEET DN: c=IN, o=Personal, title=1752, pseudonym=04913b39af873531a295e4efe0657 415d11e0eb8c975e787401da8e7040e3397, ASHOK postalCode=400050, st=Maharashtra, serialNumber=e5cad98cfd24de3726066fdfaa0af MOTWANI fa081c6f46c029e402765ee6085e6a92fd4, cn=PUNEET ASHOK MOTWANI Date: 2021.04.06 17:36:04 +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/year ended March 31, 2021.

Sr. No Particulars Rs. (in Crore)
1 Loans / revolving facilities like cash credit from banks / financial institutions
A. Total amount outstandingas on March 31, 2021 555.26
B. Of the total amount outstanding, amount of default as onMarch 31,2021 203.21
2 Unlisted debt securities i.e. NCDs and NCRPS
A. Total amount outstanding as on March 31, 2021 200.00
B. Of the total amount outstanding, amount of default as onMarch 31, 2021 -
3 Total financial indebtedness of the listed entity includingshort-term and long-term debt 755.26

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