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Nitco Ltd. Regulatory Filings 2021

Jan 7, 2021

62410_rns_2021-01-07_04745c59-c591-4e88-a21b-dd02c2d1a891.pdf

Regulatory Filings

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January 07, 2021

To,

Corporate Service Dept.BSE 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 December 31, 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 PUNEET DN: c=IN, o=Personal, title=1752, pseudonym=04913b39af873531a295e4efe065 ' ASHOK 7415d11e0eb8c975e787401da8e7040e3397, postalCode=400050, st=Maharashtra, serialNumber=e5cad98cfd24de3726066fdfaa0a ffa081c6f46c029e402765ee6085e6a92fd4, MOTWANI cn=PUNEET ASHOK MOTWANI Date: 2021.01.07 12:15:42 +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 December 31, 2020.

Sr. No Particulars Rs. (in Crore)
1 Loans / revolving facilities like cash credit from banks / financial institutions
A. Total amount outstanding as on December 31, 2020 524.33
B. Of the total amount outstanding, amount of default as onDecember 31,2020 133.97
2 Unlisted debt securities i.e. NCDs and NCRPS
A. Total amount outstanding as on December 31, 2020 200.00
B. Of the total amount outstanding, amount of default as onDecember 31, 2020 -
3 Total financial indebtedness of the listed entity includingshort-term and long-term debt 724.33

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